*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)
President Joe Biden is arriving in Israel for a lightning round of diplomatic efforts.
Here's what to know ahead of voting for House Speaker.
The IRS plans to invite select taxpayers across 13 states to try out the agency's pilot electronic free file tax return system beginning in January.
Russian President Vladimir Putin arrived in Beijing, underscoring China's continued support of Moscow amid Russia's ongoing war in Ukraine.
The Justice Department is appealing the prison sentence of the lengths of four Proud Boys leaders who were convicted in the January 6th Capitol attack.
Supreme Court Justice Amy Coney Barrett endorsed the idea that the court adopt a formal code of conduct.
The Supreme Court ruled it would allow the Biden administration to regulate so-called ghost guns, or those untraceable homemade weapons, and also barred two Texas-based manufacturers from selling products that can be turned into ghost guns.
The Commerce Department on Tuesday updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them.
And in a surprise move, President Joe Biden has joined former President Trump's Truth social platform.
The Supreme Court ruled it would allow the Biden administration to regulate so-called ghost guns, or those untraceable homemade weapons, and also barred two Texas-based manufacturers from selling products that can be turned into ghost guns.
