TSX futures slip on renewed trade war fears

(Reuters) - Futures for Canada’s main stock index were lower on Monday amid renewed concerns over a trade war after China imposed additional tariffs on U.S. products.

China has slapped extra tariffs of up to 25 percent on 128 U.S. products including frozen pork, as well as wine and certain fruits and nuts, in response to U.S. duties on imports of aluminium and steel.

June futures on the S&P TSX index SXFc1 were down 0.3 percent at 7:15 a.m. ET.

Canada’s Markit Manufacturing PMI data for March is due at 10:30 a.m. ET ECONCA

Canada’s main stock index notched its biggest gain in more than six weeks on Thursday, led by resource and financial shares, but still suffered its deepest quarterly decline in two-and-a-half years.

Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.43 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.44 percent and Nasdaq 100 e-mini futures NQc1 were down 0.88 percent. [.N]

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Canadian printing company Transcontinental Inc (TCLa.TO) said it would buy U.S.-based plastics packager Coveris Americas for $1.32 billion.

Goldcorp Inc (G.TO) made the first gold deposit on Tradewind Markets’ new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario.

Toronto Dominion Bank (TD.TO) Chief Executive Bharat Masrani said on Thursday the bank’s commercial clients were nervous about the outcome of talks to update the North American Free Trade.