How to protect your portfolio from ‘Liberation Day’ tariffs

Donald Trump’s ‘Liberation Day’ is here, and it looks set to send markets into a tailspin. How can you protect your wealth from tariffs?

US President Donald Trump displays an executive order he signed announcing tariffs on auto imports in the Oval Office of the White House in Washington, DC, on March 26, 2025
(Image credit: MANDEL NGAN/AFP via Getty Images)

Today is set to see a deluge of tariffs imposed on US imports, with Donald Trump’s ‘Liberation Day’ set to take a wrecking ball to the established order of international trade.

As tariff day arrives, you’ll want to know how best to protect your savings and investments from the impact of a global fallout. That’s easier said than done, and many experts might say it’s better to take a long term approach than to try to navigate what’s certain to be a hugely turbulent period too actively.

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Dan McEvoy
Senior Writer

Dan is a financial journalist who, prior to joining MoneyWeek, spent five years writing for OPTO, an investment magazine focused on growth and technology stocks, ETFs and thematic investing.

Before becoming a writer, Dan spent six years working in talent acquisition in the tech sector, including for credit scoring start-up ClearScore where he first developed an interest in personal finance.

Dan studied Social Anthropology and Management at Sidney Sussex College and the Judge Business School, Cambridge University. Outside finance, he also enjoys travel writing, and has edited two published travel books.