(Reuters) -Futures linked to Canada’s main stock index edged higher on Wednesday with investors on the lookout for trade and tariff updates.
Futures on Toronto’s S&P/TSX index were up 0.1% by 06:03 a.m. ET (1003 GMT).
U.S. President Donald Trump announced steep copper tariffs on Tuesday while threatening levies on semiconductors and pharmaceuticals, broadening his trade war.
Trump has also postponed the deadline for tariff deals to August 1, a date he called final, declaring there would be “no more extensions.”
Meanwhile, carmaker Nissan Motor halted production of three models for Canada at its Tennessee and Mississippi plants amid mutual tariffs imposed by the U.S. and Canada on auto exports.
Safe haven gold hit over one-week low on a firmer U.S. dollar. Oil prices edged higher after shipping attacks in the Red Sea.
In company news, The Globe and Mail reported that asset manager Blackstone and U.S. equity funds were in talks to buy H&R assets with an activist investor pressuring the real estate investment trust to sell.
The benchmark S&P/TSX composite index fell for a second straight day on Tuesday with gold prices weighing on metal shares while investors assessed tariffs on copper imports.
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(Reporting by Twesha Dikshit and Sukriti Gupta in Bengaluru; Editing by Sahal Muhammed)
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