U.S. companies have begun to respond to President Donald Trump's proposed t...
- U.S. companies have begun to respond to President Donald Trump’s proposed tariffs on Mexican imports with mixed comments on the effects they would have on them and their customers.
The tariffs currently set for 5%, will rise every month until they reach 25% on Oct. 1, unless Mexico takes action to curb illegal immigration. The U.S.-based Mexican-themed chain estimated a $15 million hit from Trump’s proposed tariffs on Mexican imports, and said it could cover that by raising burrito prices by around 5 cents.
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