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The US goods trade deficit expanded to a record level in October. President Donald Trump made the deficit's reduction a main goal of his trade war.
OPINION: The signs that China and North Korea are playing Trump were subtle until Sunday when he tweeted that he would back down from punishing a Chinese company that violated sanctions against North Korea and Iran. Now it's clear Trump's much vaunted deal making ability will not be applied here.
NXP Semiconductors NV is rising after a report that China will restart its review of Qualcomm's $44 billion bid for the semiconductor company. The proposed acquisition had been put on hold previously due to uncertain trade conditions between the US and China.
The Trump administration released a list of Chinese goods that will be subject to new tariffs on Tuesday ranging from tech to construction equipment.