Chipotle CEO details how chain will handle Trump tariff costs

Chipotle CEO Scott Boatwright said that the company will absorb President Donald Trump's planned tariffs on neighboring nations until they cause a substantial challenge.  "It is our intent as we sit here today to absorb those costs," Boatwright said in an interview with "NBC Nightly News." However, if costs become a "significant headwind," that could change, Boatwright said. The chief executive said during an earnings call earlier this month that the company sources 2% of its ingredients from Mexico, which ...