The FTSE 100 rose on Monday, rebounding after two sessions of losses, as attention stayed on global trade. The 90-day US–China trade truce is set to expire, after a May deal cut reciprocal tariffs from 125% to 10%, while the US kept 20% duties on fentanyl imports. Investors await clarity on the next steps in the strained relationship. Pharma stocks led gains, with AstraZeneca up 1.3% and GSK 1%. In contrast, Shell and BP fell about 0.5% each as oil prices softened ahead of Donald Trump’s meeting with Vladimir Putin later this week. Meanwhile, Rolls-Royce sold its UK pension pot in a