CANADA STOCKS-TSX ends lower as metal mining shares slide

Updates at market close

By Ragini Mathur and Fergal Smith

Feb 11 (Reuters) - Canada's main stock index edged lower on Tuesday as lower metal prices weighed on the materials sector and new U.S. trade tariffs risked escalating a global trade war.

The S&P/TSX composite index .GSPTSE ended down 27.03 points, or 0.1%, at 25,631.83, giving back some of the previous day's gains.

U.S. President Donald Trump raised tariffs on steel and aluminum imports on Monday to a flat 25% without exceptions, while also promising to announce global reciprocal tariffs this week.

"Canada exports a lot of steel, aluminum to the United States, so this is sort of another reescalation of the trade and tariff wars that flared up a week or 10 days ago," said Brian Madden, chief investment officer at First Avenue Investment Counsel.

The materials group, which includes fertilizer companies and metal mining shares, declined 1.8% as copper prices HGc1 fell and gold XAU= pulled back from a record high.

Real estate was down 1% as bond yields climbed. U.S. Federal Reserve Chair Jerome Powell said the central bank is not in a rush to cut interest rates.

Shopify Inc SHOP.TO ended 2.9% higher. The e-commerce company posted its best quarterly revenue growth in three years as healthy consumer spending and the firm's efforts to load its platform with AI features for sellers helped drive strong holiday sales.

Energy also notched gains, ending up 1.3%. The price of oil CLc1 settled 1.4% higher at $73.32 a barrel as sanctions raised concerns about Russian and Iranian oil supplies.