19:18:25 EDT Fri 04 Jul 2025
Enter Symbol
or Name
USA
CA



Linamar Corp
Symbol LNR
Shares Issued 59,809,587
Close 2025-05-12 C$ 61.04
Market Cap C$ 3,650,777,190
Recent Sedar Documents

Globe/wire say Magna, rivals expect early trade talks

2025-05-13 07:57 ET - In the News

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

The Globe and Mail reports in its Tuesday, May 13, edition that Mexico anticipates an early review of the United States-Mexico-Canada Agreement with the U.S. and Canada, with Economy Minister Marcelo Ebrard expecting it to start in the second half of this year, ahead of the scheduled 2026 timeline. A Reuters dispatch to The Globe reports that the agreement, which replaced the North American Free Trade Agreement in 2020, mandates a joint review after six years. United States President Donald Trump has publicly pushed for the agreement to be renegotiated ahead of time and has called for the U.S. to receive better trade terms with all of its commercial partners. The strong-arm tactics have led to sweeping tariffs from the U.S. and fears of a global economic slowdown. Despite the tariffs, the USMCA is still in effect, only affecting shipments of products such as steel and completed automobiles from Mexico into the U.S. "That could be convenient for us," Mr. Ebrard said, "because it would make clear to us how [the treaty] will work compared to other parts of the world." Mr. Ebrard added that Mexico was working on negotiating favorable terms for shipments of steel, aluminum, cars and tomatoes into the U.S.

© 2025 Canjex Publishing Ltd. All rights reserved.