15:28:06 EDT Sat 19 Jul 2025
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or Name
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CA



Linamar Corp
Symbol LNR
Shares Issued 59,809,587
Close 2025-07-15 C$ 66.92
Market Cap C$ 4,002,457,562
Recent Sedar Documents

Globe says Magna, rivals see Trump hold firm on tariffs

2025-07-16 07:39 ET - In the News

See In the News (C-MG) Magna International Inc

The Globe and Mail reports in its Wednesday edition that Prime Minister Mark Carney says he doubts it is possible to strike a deal with President Donald Trump that removes all U.S. tariffs on Canadian goods. The Globe's Steven Chase and Stephanie Levitz write that this is the first time the Prime Minister has acknowledged that a pact to end a four-month Canada-U.S. trade war would likely leave some of Mr. Trump's protectionist tariffs in place. The two countries are in negotiations to resolve a conflict that has seen both sides impose tariffs, starting with Mr. Trump in March. Last week, the President said he would impose 35-per-cent tariffs on imports from Canada starting Aug. 1. As talks continue, Mr. Carney is scheduled to visit a steel manufacturing company in Hamilton, Ont., today where he will announce support for Canadian steelworkers. Speaking in French, he told reporters that he does not believe a pact can be struck that removes all tariffs. "There is not much evidence at this moment of agreements, arrangements, or negotiations with the Americans for any country, any jurisdiction, to have a tariff-free deal," Mr. Carney said, despite killing the digital sales tax to get Canada-U.S. trade talks back on track.

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