Best Investing Advice
No Result
View All Result
Best Investing Advice
No Result
View All Result

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

admin by admin
April 22, 2025
in Economy
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

Buy Bitcoin Under $100K Before The Next Bull Run

Next Post

Bearish Warning: 3 Market Sentiment Indicators You Can’t Ignore

Next Post
Bearish Warning: 3 Market Sentiment Indicators You Can’t Ignore

Bearish Warning: 3 Market Sentiment Indicators You Can’t Ignore

Subscribe to InvestiStratix.com

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Popular News

    How to Invest in Lithium Stocks and the Lithium Market

    How to Invest in Lithium Stocks and the Lithium Market

    September 5, 2025
    Notice of General Meeting

    Notice of General Meeting

    September 5, 2025
    Aurum Resources

    Aurum Resources

    September 5, 2025
    Alvopetro Energy

    Alvopetro Energy

    September 5, 2025
    Altech Batteries LtdBearer Bond Funds Received

    Altech Batteries LtdBearer Bond Funds Received

    September 5, 2025

    Trending News

    How to Invest in Lithium Stocks and the Lithium Market

    How to Invest in Lithium Stocks and the Lithium Market

    September 5, 2025
    Notice of General Meeting

    Notice of General Meeting

    September 5, 2025

    About Us

    Copyright © 2025 bestinvestingadvice.com | All Rights Reserved

    No Result
    View All Result

    Copyright © 2025 bestinvestingadvice.com | All Rights Reserved