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Chipotle CEO says company will absorb any cost increases from tariffs

Economy And Jobs,Trade,Tariffs,Retail,Food,Business,Politics

From the Left

President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle customers, it appears, for now, that it will be smoother sailing at the check-out register. In an exclusive interview with NBC Sunday Nightly News, Chipotle CEO Scott Boatwright told anchor Hallie Jackson that, for now, the burrito purveyor intends to keep costs constant for consumers even as some of its cost of goods move higher. “It is our intent as...

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