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Fortune
Fortune
Marco Quiroz-Gutierrez

Chipotle's CEO vows to keep prices the same for as long as possible even though Trump's tariffs will hit guacamole hard

(Credit: Patrick T. Fallon—Bloomberg via Getty Images)
  • Chipotle’s CEO Scott Boatwright said the burrito chain will hold its prices steady despite impending Trump tariffs on Canada and Mexico. Tariffs on Mexico could affect half of Chipotle’s avocado supply. Boatwright said the company could raise prices in the future if costs become a “significant headwind.” 

As consumers prepare for possible price increases from Trump’s tariffs, burrito chain Chipotle said it will hold its prices steady, even though half of its avocado supply could be affected.

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