US President Donald Trump's tariffs have already pushed up prices on some of P&G products, the company has said. Chipotle will consider the financial burdens on its lower-income consumers when weighing future price hikes, Rymer said. "Re-engaging the low-income consumer is critical as they typically visit our restaurants more frequently than middle- and high-income consumers," said McDonald's CEO Chris Kempczinski. "We see that particularly among lower-income consumers." "We do anticipate further consumer (spending) cooling in the second half as ... tariff effects play through," Citigroup Chief Financial Officer Mark Mason said in a call with reporters.