Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
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
4
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

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent News

    UK blocks Trump from using RAF air bases for potential Iran attack: report

    UK blocks Trump from using RAF air bases for potential Iran attack: report

    February 20, 2026
    Trump’s NIH director isn’t the only official wearing multiple hats during the president’s second term

    Trump’s NIH director isn’t the only official wearing multiple hats during the president’s second term

    February 20, 2026
    Repeat offender labeled ‘danger to the community’ walks free after Biden autopen clemency

    Repeat offender labeled ‘danger to the community’ walks free after Biden autopen clemency

    February 20, 2026
    Iran rebuilding nuclear program despite Trump talks, opposition figure claims

    Iran rebuilding nuclear program despite Trump talks, opposition figure claims

    February 20, 2026
    Disclaimer: bankstreetjournal.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Locksley Announces High-Grade Antimony Results from Batch Sampling Program at its Mojave Project

    Locksley Announces High-Grade Antimony Results from Batch Sampling Program at its Mojave Project

    February 3, 2026

    LAURION Intersects High-Grade Gold and Polymetallic Mineralization in Drill Holes LBX25-101 and LBX25-102 at Ishkoday A-Zone Corridor

    LAURION Intersects High-Grade Gold and Polymetallic Mineralization in Drill Holes LBX25-101 and LBX25-102 at Ishkoday A-Zone Corridor

    February 11, 2026

    Recent News

    UK blocks Trump from using RAF air bases for potential Iran attack: report

    UK blocks Trump from using RAF air bases for potential Iran attack: report

    February 20, 2026
    Trump’s NIH director isn’t the only official wearing multiple hats during the president’s second term

    Trump’s NIH director isn’t the only official wearing multiple hats during the president’s second term

    February 20, 2026

    Copyright © 2026 bankstreetjournal.com | All Rights Reserved

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

    Copyright © 2026 bankstreetjournal.com | All Rights Reserved