Tariffs are the Elephant over-shadowing everything.?

As mentioned in the comment, nobody really has the right answer. It is impossible to tell. I wouldn't exactly be panicking and selling a bunch of holdings to try and position myself for tariffs. The market already knows about them and any readily available information has likely been absorbed into stock prices. We now have to accept the fact that there is a very unstable leader south of the border who can do anything at any point in time.

However, you can't plan for something like this. Anything you do right now is pure speculation. You simply have to accept the fact the markets are going to be wildly volatile over the short-term.