Scott Boatwright
Scott Boatwright is the CEO of Chipotle Mexican Grill, who recently addressed the potential impact of tariffs on the company's food costs. In an interview, he stated that Chipotle intends to absorb the costs associated with President Trump's proposed tariffs on imports from Mexico and Canada until those costs become overly burdensome. Boatwright emphasized that the company sources a small percentage of its ingredients from these countries, but acknowledged that ongoing tariffs could affect their cost of sales significantly.
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Vietnam:
Scott Boatwright, CEO of Chipotle, expressed caution regarding the new tariffs and their potential impact on pricing.
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United States:
Chipotle CEO Scott Boatwright said that the company will absorb President Donald Trump's planned tariffs.
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