Canadian Markets Trade Lower Amidst Focus on New US Tariff Proposals

Canada’s main stock index dipped slightly on July 8, weighed down by a decline in major mining stocks as investors reacted to fresh U.S. trade tensions. The resource-heavy S&P/TSX Composite Index slipped 0.2%, closing at 26,959.65. The market was unsettled after U.S. President Donald Trump announced plans to sharply raise tariffs on imports from 14…