Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of its avocados come from Mexico.

Chipotle is unfazed by Trump tariffs on foreign imports despite using Mexican avocados in its iconic guacamole.

Key Takeaways Chipotle gets half its avocados from outside Mexico, according to CEO Scott Boatwright; meanwhile, the U.S. imports more than 90% of its avocados, and Mexico accounts for nearly 90% of those imports,