Is Mexican Coke coming to America?

Coca-Cola (NYSE:KO) has reportedly agreed to use real cane sugar in their beverages, according to a post from President Trump on Truth Social.

“I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so. I’d like to thank all of those in authority at Coca-Cola. This will be a very good move by them — You’ll see. It’s just better!”

In the mid-1980s, the company switched to cheaper high-fructose corn syrup (HFCS) from cane sugar as its primary sweetener. The decision was made based on an oversupply of corn, which made the sweetener more affordable and readily available.

While Coca-Cola (NYSE:KO) stopped using cane sugar in the U.S. the company continues to use the sweetener in its beverages in Mexico – where sugar is cheaper than HFCS– resulting in a high demand in the U.S. for “Mexican Coke.”

President Trump’s post triggered a burst of volatility in shares of Coca-Cola (NYSE:KO), leaving the stock fractionally lower in after-hours trading.