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Mexico, avocado and Trump
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of its avocados come from Mexico.
Trump’s Mexico tariffs poised to raise already high avocado prices
Mexico supplies upwards of 90% of the avocados Americans eat, and President Donald Trump is likely to make them more expensive with his plan to slap 25% tariffs on Mexican imports beginning on Saturday.
Chipotle (NYSE:CMG) Unfazed by Mexico Tariff Risks to Already High Avocado Prices
Chipotle Mexican Grill (CMG) sought to downplay the impact on its costs if key ingredients such as avocados from Mexico or beef from Canada
Chipotle says it's getting more avocados from outside Mexico. It could get impacted by Trump's tariffs anyway.
Chipotle has new sources of avocados in Colombia and Peru, its CEO said. But the chain might still take a hit from Trump's potential Mexico tariffs.
Chipotle assesses fallout from Mexico tariffs, forecasts tepid annual sales growth
Chipotle Mexican Grill said on Tuesday that if President Donald Trump's proposed tariffs on Mexico go into full effect, the burrito maker would see a roughly 60-basis-point impact on its raw material costs this year.
Amid tariff worries, Chipotle CEO says about 50% of the chain's avocados are sourced from Mexico
Chipotle CEO Scott Boatwright told CNBC’s Jim Cramer the burrito maker has managed to diversify its avocado supply.
Chipotle isn't worried about Trump's tariffs — or guacamole
Chipotle downplayed concerns about potential tariff hikes on imported ingredients like avocados and chicken during the company’s Feb. 4 earnings call.
Mexico News Daily
1d
Mexican producers exported over 110,000 tonnes of avocados for Super Bowl guac
The annual consumption per capita of avocado in the U.S. is 4.1 kilograms, making it the largest consumer of avocados ...
3d
Avocado-Company Shares Pare Losses After Mexico Tariffs Pushed Back
Shares of avocado companies recovered somewhat after Mexican President Claudia Sheinbaum said U.S. tariffs on Mexican goods [would be delayed]( ...
1d
on MSN
Jon Stewart asks Dems to stop 'trotting Schumer out' to counter Trump after avocado, beer response to tariffs
Jon Stewart unloaded on Sen. Chuck Schumer for his response to Donald Trump's tariffs and asked Democrats to stop "trotting" ...
4d
Cars, avocados and tequila could cost more under Trump’s proposed tariffs
President Trump is slapping tariffs on Canada, Mexico and China starting Tuesday. Here are a few imported goods whose prices ...
5d
on MSN
Why tariffs on Mexico and Canada could drive up grocery costs, in 3 charts
Americans rely heavily on their bordering countries for everyday grocery items. President Trump’s plan to impose a 25% tariff ...
MLive
3d
Gas, liquor, avocados, computers: A list of what you’ll probably pay more for with Trump’s new tariffs
Trump declared an economic emergency Saturday in order to place duties of 10% on all imports from China and 25% on imports ...
3d
on MSN
America’s favorite beer, avocados, gas and cheap stuff from Temu all set to get more expensive under Trump’s tariffs
During his first term in office, China retaliated against the tariffs by posing their own import levies on soybeans and pork, ...
Hosted on MSN
4d
Avocados From Mexico's New AI Lets You Access Rob Gronkowski's Favorite Guac Recipes
Avocados From Mexico revealed an AI-powered platform that allows football fans to access Rob Gronkowski’s favorite guacamole ...
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