12:07:26 EST Mon 23 Feb 2026
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 278,869,165
Close 2026-02-20 C$ 88.86
Market Cap C$ 24,780,314,002
Recent Sedar+ Documents

Globe says Martinrea, rivals see Trump have meltdown

2026-02-23 08:00 ET - In the News

See In the News (C-MRE) Martinrea International Inc

The Globe and Mail reports in its Saturday edition that U.S. President Donald Trump plans to respond with new tariffs after the Supreme Court ruled 6-3 that he acted illegally by using emergency powers to impose tariffs last year. The Globe's Mark Rendell and Adrian Morrow write that this ruling, however, does not signify the end of tariffs. The decision excludes sectoral tariffs on steel, aluminum, automobiles and lumber, which harm Canadian trade. Mr. Trump announced plans for a new 10-per-cent global tariff using different legislation and other legal tools to reinforce his tariff wall. In a fiery press conference, Mr. Trump attacked the six judges who voted against him, calling them "a disgrace to our nation," while the three conservative justices who sided with the liberals "fools and lapdogs for the RINOs," using an acronym for "Republican in Name Only," and said they were "very unpatriotic and disloyal to our Constitution." The Supreme Court decision focuses on duties that were imposed using the International Emergency Economic Powers Act, or IEEPA. These include "fentanyl tariffs" imposed on Canada, Mexico and China, and the "Liberation Day" or "reciprocal" tariffs placed on the rest of the world.

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