22:58:13 EST Sun 07 Dec 2025
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Martinrea International Inc
Symbol MRE
Shares Issued 72,787,848
Close 2025-10-09 C$ 10.25
Market Cap C$ 746,075,442
Recent Sedar Documents

Globe says Linamar, rivals may get a break from Trump

2025-10-09 08:53 ET - In the News

See In the News (C-LNR) Linamar Corp

The Globe and Mail reports in its Thursday edition that free trade is a thing of history, and the United States is no longer interested in buying Canadian-made cars, U.S. Commerce Secretary Howard Lutnick told a Toronto audience on Wednesday. The Globe's Mark Rendell and Stephanie Levitz write that in a blunt virtual address to hundreds of Canadian bankers and business leaders at BMO's Eurasia-U.S.-Canada conference, Mr. Lutnick said that U.S. President Donald Trump wants America to assemble all of its own cars, although it will still look to import parts. Mr. Lutnick said the administration is putting the United States first, but that Canada can still be "second" and benefit from its proximity to the U.S. market in a range of industries. Prime Minister Mark Carney returned from meeting with Mr. Trump in Washington for the second time without a trade deal in hand, highlighting the difficult road ahead for key Canadian industries. Mr. Carney echoed Mr. Lutnick's comments, saying the "remorseless progress" of integrating the North American economy is over, and that "nostalgia isn't a strategy." The U.S. has placed a 25-per-cent tariff on Canadian-made cars with a carve-out for the value of the vehicle made from U.S. parts.

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