Live from the 2025 World Economic Forum in Davos, Switzerland, Pepsico (PEP) Ramon Laguarta joins Yahoo Finance Executive Editor Brian Sozzi to share his expectations for President Trump's second term and how it may impact his company. With Trump 2.0 now underway, the Pepsico CEO says, "I'm hopeful that there will be a new energy and new ideas coming into play." Laguarta also 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." In this interview, the PepsiCo CEO also touches 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. Click here for more of Yahoo Finance's coverage from the World Economic Forum in Davos. Listen as Yahoo Finance speaks with top business, government, and philanthropic leaders at the World Economic Forum's annual meeting in Davos, Switzerland. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.