13:05:34 EDT Wed 17 Jun 2026
Enter Symbol
or Name
USA
CA



Linamar Corp
Symbol LNR
Shares Issued 59,213,688
Close 2026-06-16 C$ 102.50
Market Cap C$ 6,069,403,020
Recent Sedar+ Documents

Globe says Linamar sees PM pitch Trump on Chinese EVs

2026-06-17 08:14 ET - In the News

Also In the News (C-MG) Magna International Inc
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The Globe and Mail reports in its Wednesday edition that at Tuesday's G7 meeting in France, Prime Minister Mark Carney appeared to pitch Mr. Trump on Canada's plan to import a limited number of Chinese electric vehicles. A wire services item says Mr. Carney had a short, intense discussion with Mr. Trump. "Less than 3 per cent of our market," Mr. Carney was heard saying in a hot-mike moment -- a likely reference to Chinese-made EVs. "A cap. I thought you'd actually like that." Mr. Trump responded, "That's good, I like it." The two men were also seen chatting informally while walking together to participate in a G7 family photo. Canada has pledged to reduce its 100-per-cent tariff on Chinese-made electric vehicles to 6.1 per cent, with an annual import cap of 49,000 vehicles. In turn, China has suspended its retaliatory tariffs on Canadian agricultural products. Mr. Trump has previously criticized the deal, threatening new tariffs and saying Canada won't be allowed to be a "drop-off port" for Chinese vehicles to enter the U.S. Mr. Carney and Mr. Trump do not have a formal bilateral meeting scheduled during the G7, which ends today. The summit comes as trade talks between Canada and the U.S. remain tense.

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