04:54:03 EDT Fri 04 Jul 2025
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Martinrea International Inc
Symbol MRE
Shares Issued 72,787,848
Close 2025-06-17 C$ 8.40
Market Cap C$ 611,417,923
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Globe says Magna, rivals hear 30-day deal pledged

2025-06-17 08:47 ET - In the News

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

The Globe and Mail reports in its Tuesday edition that Mark Carney and Donald Trump have agreed to negotiate with the aim of striking "within the coming 30 days" an economic and security deal that would end the Canada-U.S. trade war. The Globe's Steven Chase and Nathan VanderKlippe write that the commitment followed a 70-minute meeting between Mr. Carney and the U.S. President at the Group of Seven summit near Banff, Alta. Further Canada-U.S. talks are scheduled for later this week, after the global meeting is over, Dominic LeBlanc, the federal minister responsible for Canada-U.S. relations, told reporters. Later Monday, the White House announced Mr. Trump would quit the G7 meeting early and return to Washington after the summit leaders' dinner, citing the conflict between Israel and Iran. This early departure, which echoes what Mr. Trump did in 2018 when Canada last played host to the G7, ensures that the U.S. leader, who has embraced and praised Russian President Vladimir Putin, will not have to take part in a working session Tuesday that deals with Moscow's illegal war on Ukraine. It is the first time Mr. Carney has set a deadline for wrapping up negotiations in the three-month Canada-U.S. trade war.

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