*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)
New Jersey Sen. Bob Menendez and his wife, Nadine, were both indicted on bribery, fraud and extortion charges.
A new piece of legislation could legalize gay marriage in Navajo Nation.
The allegation of India’s involvement in the killing of a Sikh Canadian is based on surveillance of Indian diplomats in Canada, including intelligence provided by a major ally, a Canadian official familiar with the matter told The Associated Press on Thursday.
With House Speaker Kevin McCarthy's latest funding plan in ruins and lawmakers leaving town for the weekend, there's no endgame in sight as hard-right Republicans push dangerously closer to a disruptive federal shutdown.
A judge rejected Hunter Biden's request to attend his next court hearing virtually.
Free Covid tests are making a return thanks to the federal government.
The Biden administration said it's allowing about 100,000 Venezuelan migrants already in the U.S. to work and live legally in the country.
The U.S. sent two prototype drone ships to Japan to start testing surveillance and possible attacks against China.
A judge rejected Hunter Biden's request to appear virtually at his next court hearing.
House Republicans clashed with Attorney General Merrick Garland on Wednesday, accusing him and the Justice Department of the “weaponization” of the department's work in favor of President Joe Biden 's son Hunter.
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