*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 latest CNN poll found that President Joe Biden and former President Donald Trump are in a statistical tie ahead of next year's presidential election.
U.S. District Judge David Ezra stopped short of ordering Texas to dismantle the wrecking-ball sized buoys on the Rio Grande but called them a threat to safety and relationships between the neighboring countries.
Four months after a civil trial jury found Donald Trump sexually abused and defamed advice columnist E. Jean Carroll, a federal judge has ruled still more of the ex-president’s comments about her were libelous. The decision means an upcoming second trial will concern only how much more Trump has to pay Carroll.
