China announced Friday it will impose tariffs on $60B in American goods if President Trump follows through with his proposed tariffs on $200B in Chinese goods. Next week will likely bring more trade barbs, and maybe some positive news. Mexico’s Economy Minister says there is a good chance Mexico and the U.S. will resolve NAFTA issues next week. Canada is also getting close to rejoining NAFTA talks.

Although earnings season is waning as we head into the first full week of August, next week still brings numbers from some heavy hitters. Slated to report earnings next week are Marriott (MAR), Disney (DIS), CVS (CVS), Viacom (VIAB), and Newscorp (NWSA). Economic numbers are light heading into the traditional vacation month, but we will get Jobless Claims and the Consumer Price Index (CPI) numbers late in the week.

Monday morning Newell Brands (NWL) delivers earnings followed by Marriott (MAR) after the close. Newell has been range-bound this year. The stock took a major hit after announcing earnings late in 2017. With margins shrinking and commodity prices rising, little is expected from the maker of Rubbermaid. Marriott has fallen off since its earnings report in May, perhaps partly because its highest growth last quarter was in its “Greater China” business. Analysts will be watching closely for any signs the recent chilly relationship between China and the U.S. is impacting that growth.

The latest numbers from the TD Ameritrade’s Investors Movement Index (IMX) will be released Monday at 12:30. The index, a sample of 6 million retail investor accounts, gives a quantitative look into recent investor behavior. The index provides information on their mood, sentiment and investing behavior. Analysts will parse the number to determine whether recent market and trade activity has spooked investors.