1851

Last week, President Donald Trump said that he was planning to place tariffs on Mexican goods beginning June 10 if the country doesn&rsquo;t help prevent the flow of illegal immigrants into the U.S from its southern border. Under Trump&rsquo;s plan, the tariffs would gradually increase over time and could rise as high as 25% this year.

Implementing these tariffs would certainly impact restaurant operators of all kinds, though <a href="https://www.cnbc.com/2019/06/03/chipotle-says-mexican-tariffs-could-boost-costs-by-15-million-in-2019.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=chipotle-says-proposed-mexican-tariffs-could-increase-costs-by-15-million-2710126" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">CNBC is reporting</a> that Chipotle will be hit particularly hard&mdash;to the tune of $15 million this year, to be exact. Chipotle is also projecting reduced margins would result from the tariffs, by as much as 20 to 30 basis points. 

&ldquo;If the tariffs become permanent, we would look to offset these costs through other margin improvement efforts already underway,&rdquo; Chipotle CFO Jack Hartung said in a statement to CNBC. &ldquo;We could also consider passing on these costs through a modest price increase, such as about a nickel on a burrito, which would cover the increased cost without impacting our strong value proposition.&rdquo;

While the article noted Chipotle specifically would face increased costs and decreased margins, &ldquo;anyone with avocados would be hurt most by Mexico import tariffs,&rdquo; Morningstar senior restaurant analyst R.J. Hottovy was quoted as saying.

Read the full article <a href="https://www.cnbc.com/2019/06/03/chipotle-says-mexican-tariffs-could-boost-costs-by-15-million-in-2019.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=chipotle-says-proposed-mexican-tariffs-could-increase-costs-by-15-million-2710126" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

Chipotle Says Proposed Mexican Tariffs Could Increase Costs by $15 Million

1851 Franchise

The chain told CNBC that if these tariffs are enacted, the company’s margins would be reduced by 20 to 30 basis points in addition to the increased costs.

chipotle-says-proposed-mexican-tariffs-could-increase-costs-by-15-million

BooXkeeping

image of booxkeeping franchise graduation present

Why a BooXkeeping Franchise Might Be the Smartest Graduation Gift You Can Give

booxkeeping-franchise-graduation-gift

KidStrong Franchising, LLC

image of kidstrong franchisees NFL player Shaun Wade and his former Team USA Heptathlete wife Jordan

Why This Athlete Couple Chose To Open a KidStrong Franchise

nfl-player-shaun-wade-kidstrong-franchise-georgia

HomeTeam Inspection Service

Team of home inspectors exiting branded HomeTeam Inspection Service vehicle

HomeTeam Inspection Service Offers Franchise Opportunity With No Experience Required

hometeam-franchise-training

Comfort Keepers

image of comfort keepers employees franchise

Comfort Keepers® Partners With PocketRN to Enhance Dementia Care Nationwide

comfort-keepers-pocketrn-dementia-care-partnership

Right at Home

Right at Home Franchise - Q3 2025 Momentum - 1851 Franchise

Right at Home Continues Momentum as It Closes Out the Third Quarter and Looks Ahead To Hit Its Annual Signings and Openings Goal by the End of the Year

right-at-home-franchise-q3-2025

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Photo of Papa Murphy's Take 'N' Bake Pizza franchisee Lily Wilford

Entrepreneur: This 18-Year-Old Saves Babysitting Money for College — Then Decided to Buy a Business Instead

18-year-old-franchise-owner-lily-wilford

Amazon outage, AWS outage, Amazon AWS logo

The Day the Cloud Stalled: How Amazon's Outage Impacted Franchise Economy

amazon-aws-outage-franchise-impact-travel-dining-failure

Thursday 1851 Franchise Agg - NASAA’s Noncompete Push

NASAA’s Noncompete Push Puts Franchise Growth on Uncertain Ground

franchise-noncompete-nasaa-advisory-reasonableness-standard

How a Steady Economy Could Help Franchisors Plan Their Next Move

how-a-steady-economy-could-help-franchisors-plan-their-next-move

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

image of michael panos and michel panos, owners of mellow mushroom in Atlanta

The Panos Family’s Role in Preserving Mellow Mushroom’s Character — and Expanding in Atlanta

mellow-mushroom-franchise-panos-restaurant-group-metro-atlanta

graphic image of an 1851 franchisee spotlight brayden and johnny steven of teriyaki madness

Chipotle Says Proposed Mexican Tariffs Could Increase Costs by $15 Million

MORE STORIES LIKE THIS