Coca-Cola CEO James Quincey suggested using more PET plastic bottles if needed to offset President Donald Trump’s 25 percent tariffs of U.S. aluminum imports.

Leaders of soda makers, local breweries and major automakers across the U.S. are scrambling to prepare for the impacts of incoming tariffs on steel and aluminum imports that are essential to their production. Announced by the Trump administration earlier this week, the 25 percent tariffs are expected to take effect on March 12.

Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump's tariffs end up making aluminium cans more expensive, the company's chief executive, James Quincey, said in a call with investors.

The growing concern about tariffs is catching the attention of a lot of companies. And beverage giant Coca-Cola (KO) is one of them,