08:28 AM EDT, 10/13/2025 (MT Newswires) -- US equity futures were higher pre-bell Monday after President Donald Trump softened his stance on trade relations with China.

Dow Jones Industrial Average futures were 0.7% higher, S&P 500 futures were up 1% and Nasdaq futures were 1.6% higher.

Trump on Friday warned of new 100% tariffs on China, reigniting trade tensions between the world's two largest economies.

"Don't worry about China, it will all be fine!" Trump said Sunday in a social media post.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1% at $63.34 per barrel and US West Texas Intermediate crude 1% higher at $59.51 per barrel.