SINGAPORE, Feb 28 (Reuters) -

• Japanese rubber futures traded in a tight range on Friday, but were set for monthly losses, as mounting trade tensions between the U.S. and top consumer China outweighed off-season supply concerns.

• The Osaka Exchange (OSE) August rubber contract JRUc6, 0#2JRU: ended morning trade 0.2 yen higher, or 0.06%, at 360.2 yen ($2.41) per kg. The contract has lost 8.67% so far this month.

• The May rubber contract on the Shanghai Futures Exchange (SHFE) SNRv1 rose 85 yuan, or 0.48%, to 17,655 yuan ($2,422.14) per metric ton.

• The most active April butadiene rubber contract on the SHFE SHBRv1 added 75 yuan, or 0.54%, to 13,915 yuan ($1,909.04) per metric ton.

• U.S. President Donald Trump on Thursday said his proposed 25% tariffs on Mexican and Canadian imports will take effect on March 4 along with an extra 10% duty on Chinese goods.

• Trump imposed a 10% tariff on Chinese imports earlier this month, resulting in a cumulative 20% tariff.

• Meanwhile, China's most recent major push to boost household consumption - its trade-in scheme - comes with trade-offs, which reduce expenses on unsubsidised goods and services and cut into future spending.

• The shortcomings are pressuring authorities to unveil consumer-focused policies with a longer-term impact when China's rubber-stamp parliament begins its annual meeting on March 5.

• The yen JPY=EBS was set to end the month more than 3.6% higher, its best since last July. USD/

• A stronger currency makes yen-denominated assets less affordable to overseas buyers. FRX/

• Meanwhile, Vietnam and Thailand have entered a period of low harvesting and the overall supply of rubber has shrunk, Chinese consultancy Guohai Liangshi Futures said.

• Rubber crops usually undergo a season of low production from February to May.

($1 = 149.2200 yen)

($1 = 7.2890 Chinese yuan)

(Reporting by Michele Pek; Editing by Sumana Nandy)

((michele.pek@thomsonreuters.com;))