Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

by
April 22, 2025
in Editor's Pick
0
Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

Chipotle Mexican Grill will open its first location in Mexico early next year as the latest stage in its international expansion.

The company announced Monday that it has signed a development agreement with Alsea, which operates Latin American and European locations of Starbucks, Domino’s Pizza and Burger King, among other chains.

After the initial restaurant opens in 2026, Chipotle plans to explore “additional expansion markets in the region,” which could mean broader Latin American development.

The deal to expand in Mexico comes as President Donald Trump wages a trade war with the country, straining the relationship between the two neighbors. Avocados from Mexico were originally subject to a 25% tariff until he paused new duties on goods compliant with the United States-Mexico-Canada Agreement. While Chipotle has diversified its avocado sourcing in recent years, it still imports about half of its avocados from Mexico.

In recent years, Chipotle has been trying to expand internationally, after decades focusing almost entirely on its U.S. business. The company operates 58 locations in Canada, 20 in the United Kingdom, six in France and two in Germany. Chipotle also currently has three restaurants in Kuwait and two in the United Arab Emirates through a deal with Alshaya Group.

Chipotle is betting that Mexico’s familiarity with its ingredients and appreciation for fresh food will win over consumers, according to a statement from Nate Lawton, Chipotle’s chief business development officer.

But U.S. interpretations of Mexican food don’t always resonate in the market; Yum Brands’ Taco Bell has twice attempted to expand into Mexico, but both efforts failed quickly.

This post appeared first on NBC NEWS
Previous Post

Trump issues full-throated endorsement of Sen. Steve Daines: ‘HE WILL NOT LET YOU DOWN!’

Next Post

Oil Prices Rebound After Trump’s Criticism of Powell

Next Post
Oil Prices Rebound After Trump’s Criticism of Powell

Oil Prices Rebound After Trump’s Criticism of Powell

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

October 28, 2025
House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ

House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ

October 28, 2025
Schumer again blocks GOP bid to reopen government as air traffic controllers go unpaid

Schumer again blocks GOP bid to reopen government as air traffic controllers go unpaid

October 28, 2025
Trump rallies US military’s might, floats armed forces pay raise in address to troops in Japan

Trump rallies US military’s might, floats armed forces pay raise in address to troops in Japan

October 28, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

    Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

    October 28, 2025
    House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ

    House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ

    October 28, 2025
    Schumer again blocks GOP bid to reopen government as air traffic controllers go unpaid

    Schumer again blocks GOP bid to reopen government as air traffic controllers go unpaid

    October 28, 2025
    Trump rallies US military’s might, floats armed forces pay raise in address to troops in Japan

    Trump rallies US military’s might, floats armed forces pay raise in address to troops in Japan

    October 28, 2025

    Top News

    Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

    Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

    October 28, 2025
    House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ

    House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ

    October 28, 2025

    Latest News

    • Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats
    • House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ
    • Schumer again blocks GOP bid to reopen government as air traffic controllers go unpaid

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.