*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 U.S. Senate, circumventing holds by Republican Sen. Tommy Tuberville, on Thursday confirmed the nominations of two senior military leaders, including the first female member of the Joint Chiefs of Staff.
Using sidewalks as exam rooms and heavy red duffle bags as medical supply closets, volunteer medics spend their Saturdays caring for the growing number of migrants arriving in Chicago without a place to live.
Israeli troops advanced toward Gaza City on Thursday, as the Palestinian death toll rose above 9,000. With no end in sight after weeks of heavy fighting, U.S. and Arab mediators intensified efforts to ease Israel's siege of the Hamas-ruled enclave and called for at least a brief halt to the hostilities in order to aid civilians.
Rep. George Santos easily survived a vote Wednesday to expel him from the House as most Republicans and 31 Democrats opted to withhold punishment while both his criminal trial and a House Ethics Committee investigation proceed.
Former President Donald Trump's two sons, Eric and Donald Jr., are set to take the stand in the ongoing civil fraud trial against Trump and his companies. Trump Jr. is expected to testify Wednesday.
