The situation somewhat echoes what happened in the ’80s, when Coca-Cola introduced a new version of its iconic sip, only to face enormous consumer backlash. That led the company to bring back the old version, dubbed Coca-Cola Classic, which was sold alongside the new Coke. Eventually, the classic Coke won out and new Coke was discontinued.

Coca-Cola's quarterly estimates beat expectations, the company said Tuesday, boosted by higher prices even as volumes dropped in key markets, while the company said it would introduce a Coke product made with cane sugar in the United States.

Trump thought the addition of a new Coke variety, which won’t replace the regular corn-syrup version, warranted a presidential announcement.