The president said last week he urged the iconic soft drink brand to use the sweetener in its American version of Coke.

Coca-Cola Co. on Tuesday said it plans to launch a new Coke product this fall made with U.S. cane sugar. Why it matters: The move is a response to President Trump 's statement last week that the company would use sugar, rather than high-fructose corn syrup, in its sodas.

Coca-Cola beat Wall Street estimates for second-quarter revenue and profit on Tuesday, as the beverages giant benefited from resilient demand for zero-sugar drinks and higher prices for its sodas.