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.

With Donald Trump set to return to the White House, one of the biggest expectations from his second administration is the levying of more tariffs on Chinese goods - a move that became a defining characteristic of Trump's politics during his first term.