11:20:24 EDT Thu 12 Mar 2026
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Linamar Corp
Symbol LNR
Shares Issued 59,447,985
Close 2026-03-11 C$ 89.09
Market Cap C$ 5,296,220,984
Recent Sedar+ Documents

Globe/AP say Algoma Steel told Greer wants to be fair

2026-03-12 07:04 ET - In the News

See In the News (C-ASTL) Algoma Steel Group Inc

The Globe and Mail reports in its Thursday edition that the Trump administration on Wednesday started a new trade investigation into foreign manufacturing following the U.S. Supreme Court's ruling that struck down previous tariffs. An Associated Press dispatch to The Globe reports that the White House aims to recover lost revenue by implementing new tariffs using different laws. The administration is launching investigations under Section 301 of the Trade Act of 1974, potentially leading to new import taxes. U.S. Trade Representative Jamieson Greer said he does not want to prejudge the outcome of the process. Mr. Greer said the goal is to protect American jobs. The move to replace Mr. Trump's tariffs could reignite the economic drama seen last year. The previous tariffs established new trade frameworks with U.S. partners, and it is uncertain how new import taxes might affect those agreements. Mr. Greer said the trade frameworks are independent and separate from the new investigation. The new tariffs could be influenced by the Iran war and upcoming midterm elections. The Democrats want tariff refunds for taxpayers after the court's decision. One study showed U.S. importers and consumers paid 96 per cent of the tariffs.

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