Chipotle will absorb tariff-related cost increases, CEO says
(NewsNation) — 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 Scott Boatwright stated in a Sunday interview on "NBC Nightly News" that the company plans to keep consumer prices stable despite higher costs for some goods.“It is our intent as we sit here today to absorb those costs,” he said, adding that price changes may occur if costs become a “signific
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