*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 and Vice President Kamala Harris will observe Monday's 60th anniversary of the March on Washington by meeting with organizers of the 1963 gathering and relatives of the Rev. Martin Luther King Jr., who delivered his “I Have a Dream” speech at the Lincoln Memorial.
A special session in the Tennessee Senate ended abruptly on Thursday without any action on gun control.
New York Gov. Kathy Hochul asked President Joe Biden to help the state absorb a surge of migrants.
The Pentagon said it will train Ukrainian pilots to fly F-16 fighter jets for its war against Russia.
Vice President Kamala Harris will visit Wisconsin to tout the Biden administration's broadband and affordable connectivity policies.
The Biden administration approved a $500 million weapons sale to Taiwan.
A pre-trial detention was extended for The Wall Street Journal journalist Evan Gershkovich until Nov. 30 by Moscow.
Eight Republican presidential candidates took to the stage on Wednesday in Milwaukee for the first Republican primary debate of the 2024 election season.
The bodies of Russian mercenary chief Yevgeny Prigozhin and some of his top lieutenants killed in a Russian jet crash on Wednesday were sent to a nearby facility for medical and forensic analysis, according to Russian media.
Political strategist Jonathan Harris breaks down the highlights from Wednesday's first Republican presidential primary debate and how Former President Donald Trump's absence affected the event.
Load More