Many U.S. brands are taking the flak arising from the bad reputation that the country is getting in different parts of the world. For example, Elon Musk’s backing of Donald Trump and his polarizing political opinions on how Europe should be led have caused Tesla to lose its sales volumes in countries like Germany.
For companies like Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) that hold significant Coca-Cola stock, the rebrand in Germany will be something they watch closely while also monitoring other markets to gauge how their holdings could be impacted by the image crisis the U.S. is facing around the…
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