*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)
The House is scheduled to vote later Tuesday on a measure to keep the government funded.
Thousands of people are expected in Washington, DC Tuesday for a demonstration to support Israel, condemn anti-Semitism, and call for the release of the roughly 240 hostages held by Hamas.
Maryanne Trump Barry, a retired federal judge and former president Donald Trump 's oldest sister, has died at age 86 at her home in New York.
Supreme Court Adopts Code of Ethics Amid Scrutiny
Battles between Israel and Hamas around hospitals forced thousands of Palestinians to flee from some of the last perceived safe places in northern Gaza, stranding critically wounded patients, newborns and their caregivers with dwindling supplies and no electricity, health officials said Monday.
Former House Speaker Kevin McCarthy is still undecided about running for re-election.
Secret Service agents protecting President Joe Biden’s granddaughter opened fire after three people tried to break into an unmarked Secret Service vehicle in the nation’s capital, a law enforcement official told The Associated Press.
South Carolina Sen. Tim Scott has dropped out of the 2024 presidential race.
Former House Speaker Kevin McCarthy is undecided about running for re-election.
Thousands took to the streets in San Francisco to protest the kickoff of the Asia Pacific Economic Cooperations Summit.
