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Reuters

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Business & Economics

Chipotle tempers annual sales forecast as dining-out takes a hit

Reuters
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Chipotle now expects annual comparable sales growth in the low single-digit range.

President Donald Trump 's sweeping tariffs on trade partners including Mexico and Canada , as well as an escalating trade war with China , have raised fears of a recession in the U.S. Chipotle's comparable restaurant sales fell 0.4% in the first quarter ended March 31 .