Russ Mould of A J Bell says that when the US President doesn't know what's happening next, how can anybody else, particularly when the reasons given for imposing tariffs are so contradictory? Investing should be about sleeping well at night. If your investments are keeping you awake, perhaps you should make them safer. Think about asset allocation and whether America – and tech stocks – will lead the way in future. Have some spare cash in case you need it and you may be able to take advantage of volatile market dips. As Warren Buffett says, stock markets are there to enable the transfer of wealth from the impatient to the patient.

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