AOL stated, “Chipotle could “bear the biggest brunt” of President Trump’s trade war with Mexico, according to Instinet analyst Mark Kalinowski.
Trump has proposed a 20% tariff on goods from Mexico as a way to help pay for a wall along the US-Mexico border.”
“An avocado price increase in particular would be a huge challenge for Chipotle, which goes through more than 99 million pounds of avocados each year — and during some months, sources them exclusively from Mexico. By Kalinowski’s estimate, Chipotle may get as many as 70 million pounds of avocados from Mexico annually.”
“Our belief is that the company generally obtains about 70-90% of its avocados from Mexico, all of its limes, the majority of its jalapenos, less than half of its tomatoes, and small amounts of other items (e.g., cilantro),”
For more information, see https://www.aol.com/article/finance/2017/01/31/chipotle-could-bear-the-biggest-brunt-of-trump-s-trade-war-wit/21704171/
For vegan fast food information, see http://www.vrg.org/fastfoodinfo.php
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