Linamar maintains its 2026 outlook despite recent U.S. tariff changes
Posted Apr 15, 2026 07:52:52 PM.
Last Updated Apr 15, 2026 08:03:10 PM.
GUELPH — Linamar Corp. says it is maintaining its full-year guidance for 2026 following recent changes to the U.S. tariff regime.
The changes came into effect on April 6 after a presidential proclamation and imposed a 25 per cent levy on the full value of products made substantially of steel, aluminum or copper.
The company says changes to Section 232 tariffs are expected to have no impact on its mobility business, as products in that category are either exempt from the tariffs or the costs are absorbed by customers.
In contrast, Linamar says some of the products in its industrial business are experiencing a more significant effect compared to the previous 232 tariff rules.
The Guelph, Ont.-based auto parts manufacturer says it is conducting a review of the recent changes and pursuing mitigation strategies, including adjustments to sourcing, pricing and more.
A day earlier, Ski-Doo maker BRP Inc. suspended its guidance for its 2027 financial year due to the changes to the Section 232 tariffs.
This report by The Canadian Press was first published April 15, 2026.
Companies in this story: (TSX:LNR)
The Canadian Press
