Chipotle Ready To Eat Tariff Costs, Won't Charge Customers More: 'We Don't Think It's Fair To The Consumer'

Restaurant company Chipotle Mexican Grill CMG could be negatively impacted by pending tariffs on Mexico, which could increase the cost of avocados and other food items.While companies will be faced with tough challenges of how to offset the increased prices and lower profits, Chipotle's CEO Scott Boatwright is committed to not passing the costs onto the consumer.What Happened: Tariffs of 25% on items imported into the United States from Mexico are expected to take effect Tuesday and the restaurant industry ...