*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)
Former first lady Rosalynn Carter has died at the age of 96. The Carter Center in Atlanta announced that the wife of former President Jimmy Carter died Sunday afternoon at her home in Plains, Georgia, with her family at her side.
Communications systems in the Gaza Strip were down for a second day with no fuel to power the internet and phone networks, causing aid agencies to halt cross-border deliveries of humanitarian supplies even as they warned people may soon face starvation.
President Joe Biden has ended the immediate threat of a government shutdown, signing a temporary spending bill a day before much of the government was to run out of money.
A gag order that barred Donald Trump from commenting about court personnel after he disparaged a law clerk in his New York civil fraud trial was temporarily lifted Thursday by an appellate judge who raised free speech concerns.
