• About Us
  • Contacts
  • Terms & Conditions
  • Privacy Policy
  • Email Whitelisting
Proven Finance Strategies
Advertisement
  • Business
  • Politics
  • Investing
  • World News
No Result
View All Result
  • Business
  • Politics
  • Investing
  • World News
No Result
View All Result
Proven Finance Strategies
No Result
View All Result
Home Business

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

April 22, 2025
in Business
Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

‘Professional failures’ led to killing of Palestinian medics in Gaza, says Israeli military

Next Post

McDermitt Project Fast-Tracked Under U.S. FAST-41 Initiative

Next Post
McDermitt Project Fast-Tracked Under U.S. FAST-41 Initiative

McDermitt Project Fast-Tracked Under U.S. FAST-41 Initiative

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    Daughter of crypto boss escapes Paris kidnap attempt in latest in series of attacks

    Daughter of crypto boss escapes Paris kidnap attempt in latest in series of attacks

    May 15, 2025
    Trump’s embrace of Syria and its jihadist-turned-president could shake up the Middle East

    Trump’s embrace of Syria and its jihadist-turned-president could shake up the Middle East

    May 15, 2025
    Russia and Ukraine are due to meet – but who’ll show up? Here’s what we know

    Russia and Ukraine are due to meet – but who’ll show up? Here’s what we know

    May 15, 2025
    Toddler held in US after parents’ deportation has been returned to Venezuela

    Toddler held in US after parents’ deportation has been returned to Venezuela

    May 15, 2025
    • About Us
    • Contacts
    • Terms & Conditions
    • Privacy Policy
    • Email Whitelisting

    Copyright © 2025 ProvenFinanceStrategies.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • Investing
    • World News

    Copyright © 2025 ProvenFinanceStrategies.com | All Rights Reserved