April 8 (Reuters) - Futures tied to Canada's main stock

index rebounded from eight-month lows on Tuesday after three

straight sessions of heavy selling amid prospects for potential

U.S. tariff negotiations, while rising bullion prices added to

the positive sentiment.

The futures on the S&P/TSX index were up 1.2% at

7.04 a.m. ET (1104 GMT).

U.S. President Donald Trump said on Monday he would talk to

China, Japan and other countries over the tariffs, but was not

looking at a pause on the duties.

This came after Trump threatened to impose an additional 50%

tariff on China if Beijing does not withdraw its retaliatory

tariffs on the United States. Beijing said on Tuesday it will

never accept the "blackmail nature" of U.S. tariff threats.

Shares of Canadian gold miners could get support as bullion

prices drifted higher, aided by the global trade tensions, and a

softer dollar.

Oil prices steadied but hovered near four-year lows as a

recovery in equity markets was outweighed by recession fears

exacerbated by the U.S.-China trade war.

Base metal prices in China stabilised after the previous

day's selloff, as market participants adopted a wait-and-see

stance.

Looking ahead, investors will closely monitor upcoming

economic releases, including Canada's Ivey Purchasing Managers

Index (PMI) scheduled for 10:00 a.m. ET and U.S. consumer price

data expected later in the week.

In corporate news, Barrick Gold's ( GOLD ) Reko Diq project

in Pakistan aims to secure over $2 billion in financing from

international lenders, its project director told Reuters.

Canada's main stock index fell on Monday to a seven-month

low.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory