The Shanghai Composite rose 0.7% to close at 3,497 while the Shenzhen Component gained 1.47% to 10,588 on Tuesday, with mainland stocks settling at multi-month highs as Trump announced new tariff rates on 14 countries and extended the deadline to Aug. 1, allowing more time for negotiations. However, tensions remained as Beijing warned Washington against reigniting trade frictions by reinstating tariffs on Chinese goods next month. China also threatened retaliation against countries that cooperate with the US in efforts to exclude it from global supply chains. On the domestic front, investors were cautious ahead of key inflation and trade data due later this week, which could offer further insight into the economic fallout from shifting US-China trade dynamics. Technology stocks led the gains, with strong performances from Foxconn Industrial (+10%), Zhongji Innolight (+7.2%), and Sungrow Power (+9.5%).