*By Michael Teich*
Trade tensions between the U.S. and China are reaching new heights after the Trump administration proposed tariffs on an additional $200 billion worth of Chinese imports.
Stocks fell sharply on the news, with the Dow Industrials closing Wednesday down nearly 220 points. But some investors think the pullback could be an opportunity for investors.
"Put money to work today," said Kate Warne, Investment Strategist at Edward Jones. "The market is reacting to headline announcements."
"This is really a negotiating posture, rather than something that will go into effect."
Despite accelerating trade fears, Wall Street's attention should shift to corporate earnings season, according to Warne.
"Earnings will be a catalyst for stocks to move higher," she said. "It matters more than the trade tensions, in terms of the outlook for the market."
Banking giants JPMorgan and Citigroup report second quarter earnings on Friday. Netflix releases its results after the bell on Monday.
For the full segment, [click here.](https://cheddar.com/videos/this-is-the-reason-to-buy-the-next-market-dip)
Federal prosecutors opposed Hunter Biden's request to subpoena documents from former President Trump and other members of his administration.
The U.S. may form a naval task force to escort commercial ships through the Red Sea, days after Houthi rebels struck three vessels with missiles.
Treasury Secretary Janet Yellen is heading to Mexico this week to promote her agency's new strike force to help combat illicit fentanyl trafficking as the U.S. and China step up efforts to stop the movement of the powerful opioid and drug-making materials into the United States.
Sen. Bernie Sanders and the Democratic senators involved say they are firm in their stand that Israel's military must adopt substantive measures to lessen civilian deaths in Gaza as part of receiving the supplemental's $14.3 billion in U.S. aid for Israel's war.
Russian news outlets are reporting that President Vladimir Putin is set to make a rare trip abroad this week.
President Joe Biden is preparing a package of healthcare measures that include cutting prescription drug prices.
The White House is urging Congress to pass President Biden's aid package for Ukraine warning that the U.S. will be out of funding by the end of the year.
A former U.S. diplomat has been arrested and accused of being a secret Cuban spy.
Philadelphia City Council passed legislation to ban ski masks in some public spaces, a measure supporters say will increase public safety amid high violent crime, but opponents argue it will unfairly target people without proof of any wrongdoing.
A federal appeals court ruled that former President Donald Trump won't have presidential immunity in civil lawsuits related to the January 6th attack on the Capitol.
