Nov 26 (Reuters) - Futures tied to Canada's main stock

index slipped on Tuesday after President-elect Donald Trump

pledged big tariffs on top U.S. trading partners, including

Canada, denting investor sentiment.

December futures on the S&P/TSX index were down

0.46% at 6:10 a.m. ET (11:10 GMT).

Trump on Monday said he would impose a 25% tariff on imports

from Canada and Mexico until the countries clamped down on

drugs, particularly fentanyl, and migrants crossing the border.

This could have a significant impact on Canada, which sends

a majority of its exports to the United States, including energy

products.

Trump separately outlined "an additional 10% tariff, above

any additional tariffs" on imports from China.

Toronto's heavyweight energy sector grabbed attention as oil

prices rose after falling in the previous session amid chances

of a potential ceasefire between Israel and Hezbollah.

The materials sector was in focus as gold prices steadied,

while copper prices fell on the back of Trump's proposed tariffs

on top metals consumer China.

The composite index ended lower on Monday as

mining losses outweighed an upbeat market sentiment following

Scott Bessent's nomination as U.S. Treasury secretary.

Later in the day, investors will focus on minutes from the

Federal Reserve's policy meeting earlier this month to get

insights into the country's interest-rate cut trajectory.

Domestic investors will focus on Bank of Canada Deputy

Governor Rhys Mendes' speech at 8:20 a.m. ET.

In corporate news, Canada's Canaccord Genuity ( CCORF ) is

working with bankers to review its British wealth management

business, with potential outcomes ranging from a sale to

bringing in another investor, Financial Times reported.

COMMODITIES

Gold: $2,628.96; +0.14%

US crude: $69.52; +0.84%

Brent crude: $73.62; +0.84%

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($1 = 1.4087 Canadian dollars)