India, March 27 -- The Canadian market settled flat on Thursday as investors made cautious moves while assessing the impact of U.S. President Donald Trump's 25% tariffs on imported vehicles effective April 3rd, and the impending announcement of reciprocal tariffs.
Trump also posted on his Truth Social Platform that he will impose even steeper tariffs on the European Union and Canada if they collaborate to harm the U.S. economy.
The benchmark S&P/TSX Composite Index settled at 25,161.06, exactly at previous session's closing figure. The index dropped to a low of 25,023.79 in early trades, and despite recovering to 25,205.59 by mid morning, struggled to move higher.
Healthcare, materials and communications shares found good support. Severa...