The fears of recession hit Starbucks, Chipotle, the McDonald's stocks

Restaurant actions fell into morning trade on Monday, promoted by the fears of investors that a recession approaches.

US actions have fallen for three consecutive days after President Donald Trump surprised markets with high tariffs on goods imported from key business partners. While analysts do not expect tariffs to hit most of the restaurant companies directly, the inflation that is expected to continue pressing consumer wallets and could lead to an economic recession.

“We see the direct impact on the cost of rates on restaurants as manageable, with an approach to select basic products, but we see the greatest risk as incremental pressure on consumer spending and industry demand,” wrote UBS analyst Dennis Geiger in a note to customers on Monday.

Investor concerns reached restaurant shares in all sectors.

Actions of Starbucks It fell more than 2%, after a reduction to Baird Neutral, citing winds against the short -term economic head. The coffee chain, which is already trying to change its United States business, has seen that its actions sink almost 20% since Trump announced the new rates.

“The explanations for the reduction we hear included higher tariff coffee costs, anti -American feeling and risk of recession,” wrote the Bank of America Sara Senatore values ​​in a research note on Saturday.

Most of the coffee in the world is cultivated in an equatorial region that covers Latin America, the Asia-Pacific and Africa region known as coffee. Last week, Trump slapped higher tariffs on key coffee exporters such as Vietnam, Brazil and Switzerland, where beans are tanked. Like bananas and vanilla, coffee production cannot be easily changed to the US. UU. Due to high domestic demand and climatic limitations.

Commercial tensions also jeopardize international sales of Starbucks. Consumers in China, the second largest market in the company, have been boycotted previously western brands for political reasons.

Informal dining chains also turned. Actions of Dinner brandswhich has Applebee and Ihop, almost 3%sank, while the rivals Darden restaurants and Texas Roadhouse less than 1% and 2% fell, respectively.

Quick casual actions, a recent favorite of investors, also slipped. Chipotle The actions slid almost 2%, Sweetgreen's The actions fell 1% and the shares of To the It sank less than 1%.

Fast food actions were not saved from Monday decreases. Actions of McDonald's, Restaurant Brands International and Yum Brands All submerged in morning trade.

Historically, fast food chains have been better during recessions, since diners looking for cheap foods exchange from full service restaurants or fast restaurants to McDonald's or Taco Bell. But last year's setback in consumer spending saw fast food restaurants hitting with strength. Low income consumers visited less frequently and reduced their orders, while higher income consumers were tied to their usual gastronomic habits, which led to the decrease in sales in the same store for fast service restaurants.

Few restaurants were in Green. Actions of Dutch gros., A rapid growth rival of Starbucks, increased more than 4% in the afternoon trade after giving almost 10% on Friday. Digging He won more than 6%.