15:09:35 EDT Wed 22 Jul 2026
Enter Symbol
or Name
USA
CA



Martinrea International Inc
Symbol MRE
Shares Issued 69,974,759
Close 2026-07-21 C$ 10.14
Market Cap C$ 709,544,056
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Globe says Magna, rivals hear trade talks to intensify

2026-07-22 07:19 ET - In the News

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

The Globe and Mail reports in its Wednesday, July 22, edition that Prime Minister Mark Carney announced on Tuesday that he and President Donald Trump will intensify trade talks following Mr. Trump's announcement of new tariffs on Canadian goods. A triple-bylined item led by Marieke Walsh reports that the tariffs increase pressure on Canada to make concessions, such as lifting provincial bans on U.S. alcohol products. However, Mr. Carney emphasized that any compromises should come as part of a comprehensive trade deal. The conversation took place a day after Mr. Trump revealed the tariffs, set to take effect on Aug. 19. The new 50-per-cent tariffs will apply to $20-billion (U.S.) in goods without exemptions under the United States-Mexico-Canada Agreement, covering about 5 per cent of Canada's annual exports to the U.S. At their annual summer meeting in Charlottetown, Canada's premiers expressed unity in supporting the country but differed in responses to Mr. Trump's new tariffs on dairy, lumber and alcohol, which will impact provinces unevenly. Ontario's Doug Ford championed the sharpest response, calling for "dollar-for-dollar" retaliatory tariffs if the Americans impose the new tariffs.

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