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The Independent UK
The Independent UK
Graig Graziosi

Chipotle says it will absorb any tariff price increases and not pass them to consumer

Fast casual burrito chain Chipotle announced this week that it will absorb the cost of any of Donald Trump’s tariffs and not pass them along onto its customers, according to a statement by company CEO Scott Boatwright.

Trump has threatened to impose tariffs on imports from several foreign countries, including US neighbors and allies Mexico and Canada. On Monday he reiterated that they would come into force on Tuesday.

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