If Trump's proposed 60% tariff against China is enacted and the country responds aggressively, it could pressure some of America's largest companies.

U.S. equity futures edged lower Tuesday, while Treasury yields and the dollar resumed their recent march north, as investors hit pause on the post-election rally amid early concerns over the fate of U.

A stocks rally following Donald Trump's re-election lost steam Tuesday on worries of a possible trade war between China and the United States, analysts said.