Quickly shifting tariff announcements, among other policy uncertainties, sent U.S. markets reeling earlier this week, and it could all happen again next month.
Stocks sold off steeply early Monday, for example, then regained ground after President Donald Trump reached an agreement with President Claudia Sheinbaum of Mexico to delay a 25% tariff. Later in the day, Trump agreed to pause a 25% tariff on Canadian goods for a month, while a 10% levy on Chinese imports took effect Tuesday.
There’s little doubt that clients watching the market gyrations may be wondering what to do to protect their portfolios from whiplash amid concerns over trade wars.
We asked advisors this week how they’re addressing those concerns and what they’re doing with their investments. Check out the gallery for their answers; some responses may be edited for length or clarity.
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