India, April 9 -- The Canadian market is down in negative territory on Wednesday, weighed down by losses in utilities, real estate, healthcare and financials stocks.
Materials stocks are turning in a fine performance thanks to higher metal prices.
The mood is cautious amid escalating trade tensions following Trump's new tariffs, including a 104% total levy on Chinese imports taking effect, and China retaliating by announcing it will increase its tariffs on U.S. goods to 84% from 34% just after midnight on Thursday.
Members of the European Union have also voted in favor of the European Commission's proposal to introduce trade countermeasures against the U.S. in response to tariffs on imports of steel and aluminum from the EU.
The benchma...