April 10 (Reuters) - Futures tied to Canada's main stock

index fell on Thursday, mirroring Wall Street peers, a day after

U.S. President Donald Trump announced a 90-day pause on some

tariffs for most trading partners.

The futures on the S&P/TSX index were down 1.3% at

7:26 a.m. ET (1126 GMT).

Trump's U-turn had led to Canada's main stock index

seeing its biggest gain since 2020 on Wednesday.

The White House, however, maintained a 10% blanket duty on

almost all U.S. imports and the announcement does not appear to

affect duties on autos, steel and aluminium that are already in

place.

The U.S. tariff pause also does not apply to duties paid by

Canada and Mexico, because their goods are still subject to 25%

fentanyl-related tariffs if they do not comply with the

U.S.-Mexico-Canada trade agreement's rules of origin.

However, Trump's increase in tariffs on Chinese imports to

125% from 104%, and Beijing's counter of 84% levies on U.S.

goods, kept investors on edge amid fears of recession as the

world's two largest economies clashed in a high-stake trade war.

Meanwhile, the European Union on Thursday also put on hold

for 90 days its first countermeasures against Trump's tariffs.

Shares of Canadian gold miners could get support as bullion

prices extended gains amid fears of a deepening U.S.-China trade

war, overshadowing the earlier relief by temporary pause on U.S.

tariffs.

Oil prices fell nearly 3% under similar concerns.

Meanwhile, copper and other base metals prices rebounded

sharply.

Later in the day, investors will closely monitor U.S.

consumer prices and weekly jobless claims data.

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