US stock futures climbed on Monday after President Donald Trump suggested he may scale back his threat to impose steep new tariffs on China, saying in a Truth Social post that trade relations with Beijing “will all be fine.” Vice President JD Vance echoed that message, adding the US is ready to negotiate if China is “willing to be reasonable.” The comments followed Friday’s sharp selloff, when Trump’s warning of a “massive” tariff hike triggered a broad market decline after Beijing announced new export controls on rare earths vital to semiconductor and electric vehicle production. The Dow dropped 1.9%, the S&P 500 slid 2.71%, and the Nasdaq plunged 3.56%, marking Wall Street’s worst session since April. Tech and chip stocks led losses, with Nvidia, AMD, and Tesla falling between 4.9% and 7.7%. Investors now await earnings results from major banks later this week, including from Citigroup, Goldman Sachs, Wells Fargo, JPMorgan Chase, Bank of America and Morgan Stanley.