July 4 (Reuters) - Futures linked to Canada's benchmark index fell on Friday, as concerns over U.S. trade deals ahead of the looming July 9 tariff deadline weighed on sentiment.
Futures on the S&P/TSX index .SXFcv1 were down 0.3% at 06:17 a.m. ET (1017 GMT). Trading volumes are expected to be thin with U.S. markets closed for the Independence Day holiday.
U.S. President Donald Trump said on Thursday that Washington will start sending letters to countries on Friday specifying what tariff rates they will face on imports to the United States.
With Trump's 90-day pause on higher U.S. tariffs ending next week, investors have taken a cautious stance as several large trading partners are yet to clinch trade deals.
Canada's Prime Minister Mark Carney and Trump are aiming to reach some form of a trade deal by July 21.
Meanwhile, Trump's tax-cut legislation cleared its final hurdle in the U.S. Congress on Thursday, with plans to sign it into law later in the day.
Data on Friday showed Greater Toronto Area home sales rose for a third straight month in June and prices extended their recent decline.
Toronto's commodity-heavy S&P/TSX composite index .GSPTSE rose to a record closing high on Thursday as stronger-than-forecast U.S. employment data bolstered investor sentiment.
Gold XAU= prices edged higher, while oil prices LCOc1, CLc1 fell slightly on Friday. Copper prices retreated from multi-month highs with traders looking out for potential tariffs on copper imports. GOL/ O/R MET/L
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