U.S. stock futures ticked higher on Tuesday, extending gains after a strong start to the week as investors welcomed signs of stability in U.S.-China trade relations. President Donald Trump struck a reassuring tone on Monday, saying trade ties with Beijing remain “on track,” easing fears of further escalation.

U.S. Treasury Secretary Scott Bessent said Monday that Trump is still expected to meet Chinese President Xi Jinping in South Korea later this month, as both sides continue discussions aimed at cooling trade tensions. He added that tariffs will remain on hold until November 1, signaling a temporary pause in escalation.

However, friction persists: China has begun imposing port fees on vessels linked to the U.S., with Washington preparing a reciprocal response on October 14, marking a new front in the ongoing trade dispute.

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