21:54:26 EST Sun 07 Dec 2025
Enter Symbol
or Name
USA
CA



Martinrea International Inc
Symbol MRE
Shares Issued 72,787,848
Close 2025-10-17 C$ 9.91
Market Cap C$ 721,327,574
Recent Sedar Documents

Globe says Linamar sees carmakers face $10B (U.S.) bill

2025-10-20 07:03 ET - In the News

See In the News (C-LNR) Linamar Corp

The Globe and Mail reports in its Monday edition that U.S. President Donald Trump's tariffs on imported cars and parts from Canada and Mexico will cost U.S.-based automakers at least $10-billion through the end of October, says a new analysis by Anderson Economic Group (all figures U.S.). The Globe's Eric Atkins writes that Patrick Anderson, principal of AEG, said automakers that have operations that span the North American borders are faced with a "huge bill." Mr. Anderson said: "There is no way for $10-billion (U.S.) to be absorbed by the automakers and suppliers alone. Consumers and workers are going to bear some of these costs." Mr. Trump relied on Section 232 of the Trade Expansion Act of 1962 to impose tariffs on imported cars, metals and other goods, declaring them a threat to national security. Mr. Trump says he wants automakers to move their plants to the United States, and that the country does not need cars made in Canada. General Motors has said tariffs cost $1.1-billion in the second quarter alone, while Ford pegged its full-year cost at about $2-billion this year. Both automakers will provide fresh looks at the tariff impact when they report quarterly earnings next week.

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