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Direct from the World Economic Forum in Davos, Switzerland, PepsiCo (PEP) CEO Ramon Laguarta sits down with Yahoo Finance Executive Editor Brian Sozzi to share his expectations for US President Donald Trump's second term and the impact on the company.
With the second Trump administration in the White House, "I'm hopeful that there will be a new energy and new ideas coming into play," Laguarta says. The new leadership could help resolve conflict in the Middle East and Ukraine, the CEO says, which has affected PepsiCo's business.
The PepsiCo CEO offers insight into the state of the consumer and underlines the differences between higher- and lower-income consumers. "We continue to see the lower end of the pyramid having problems to get to the end of the month, and that is a reality," Laguarta says, adding, "We're hopeful that with inflation being under control ... and I think through productivity and other initiatives, we can minimize the pricing."
Watch the video above to hear from the PepsiCo CEO on climate initiatives, the impact of Trump's proposed tariffs, expectations for food regulation given Trump's Health & Human Services (HHS) nominee Robert F. Kennedy Jr., and more.
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Click here for more of Yahoo Finance's coverage from the World Economic Forum in Davos.
This post was written by Naomi Buchanan.
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