Chipotle’s CEO vows to keep prices the same for as long as possible even though Trump’s tariffs will hit guacamole hard
Chipotle’s CEO Scott Boatwright said the burrito chain will hold its prices steady despite impending Trump tariffs on Canada and Mexico. Tariffs on Mexico could affect half of Chipotle’s avocado supply.
Chipotle CEO says company will swallow increase in costs brought on by tariffs
Scott Boatwright, the company CEO, told NBC News over the weekend that Chipotle’s menu prices will remain as they are despite the fact that the cost of goods is expected to rise if and when President Donald Trump’s tariffs go into effect. “It is our intent as we sit here today to absorb those costs,” Boatwright told NBC News.
Chipotle will absorb tariff-related cost increases, CEO says
With the Trump administration's 25% tariff on all Mexican imports set to take effect Tuesday, Chipotle has pledged to absorb potential cost increases.
Chipotle CEO says company will absorb any cost increases from tariffs
The burrito purveyor is largely insulated from many of the costs stemming from the tariffs President Donald Trump has proposed.
Chipotle will foot the bill for Trump tariffs, CEO says
Chipotle’s CEO says the company will cover the cost of President Donald Trump’s coming tariffs and not pass higher prices onto consumers.
Chipotle’s CEO says the company will absorb any price increases as tariffs on Mexico are set to hit 50% of its avocado supply
Chipotle’s CEO Scott Boatwright said the burrito chain will hold its prices steady despite impending Trump tariffs on Canada and Mexico. Tariffs on Mexico could affect half of Chipotle’s avocado supply.
Chipotle CEO details how chain will handle Trump tariff costs
Chipotle's top boss said that if tariffs go into effect, the company will absorb them. However, that could change if they become a "significant headwind."
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