Market Maker Journal
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Market Maker Journal
No Result
View All Result

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

admin by admin
April 23, 2025
in Editor's Pick
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

As REAL ID rollout approaches, congressional privacy hawks largely silent on concerns

Next Post

Oil and Gas Price Update: Q1 2025 in Review

Next Post
Oil and Gas Price Update: Q1 2025 in Review

Oil and Gas Price Update: Q1 2025 in Review

  • Trending
  • Comments
  • Latest
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

April 6, 2025
Fed’s Stagflation Warning Impacts Crypto Markets

Fed’s Stagflation Warning Impacts Crypto Markets

April 22, 2025
Trump’s Fed Criticism Sparks Investor Concerns

Trump’s Fed Criticism Sparks Investor Concerns

April 23, 2025
Crypto Price Update: Q1 2025 in Review

Crypto Price Update: Q1 2025 in Review

April 7, 2025
Judge allows lawsuit over Burger King’s Whopper ads to move forward

Judge allows lawsuit over Burger King’s Whopper ads to move forward

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
White House Considers Executive Order to Speed Up Deep-Sea Mining Permits

White House Considers Executive Order to Speed Up Deep-Sea Mining Permits

0
AngloGold Completes Tropicana Renewables Project

AngloGold Completes Tropicana Renewables Project

0
Judge allows lawsuit over Burger King’s Whopper ads to move forward

Judge allows lawsuit over Burger King’s Whopper ads to move forward

May 8, 2025
AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

May 8, 2025
NBA star Russell Westbrook launches AI-enabled funeral planning startup

NBA star Russell Westbrook launches AI-enabled funeral planning startup

May 8, 2025
Trump to rename Persian Gulf the Arabian Gulf ahead of US-Iran nuclear talks, Middle East trip: report

Trump to rename Persian Gulf the Arabian Gulf ahead of US-Iran nuclear talks, Middle East trip: report

May 8, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Judge allows lawsuit over Burger King’s Whopper ads to move forward

    Judge allows lawsuit over Burger King’s Whopper ads to move forward

    May 8, 2025
    AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

    AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

    May 8, 2025
    NBA star Russell Westbrook launches AI-enabled funeral planning startup

    NBA star Russell Westbrook launches AI-enabled funeral planning startup

    May 8, 2025
    Trump to rename Persian Gulf the Arabian Gulf ahead of US-Iran nuclear talks, Middle East trip: report

    Trump to rename Persian Gulf the Arabian Gulf ahead of US-Iran nuclear talks, Middle East trip: report

    May 8, 2025

    Top News

    Judge allows lawsuit over Burger King’s Whopper ads to move forward

    Judge allows lawsuit over Burger King’s Whopper ads to move forward

    May 8, 2025
    AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

    AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

    May 8, 2025

    Latest News

    • Judge allows lawsuit over Burger King’s Whopper ads to move forward
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls
    • NBA star Russell Westbrook launches AI-enabled funeral planning startup

    About Market Maker Journal

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 marketmakerjournal.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 marketmakerjournal.com | All Rights Reserved