Can you explain more? The tariffs hit other country's stock markets harder than the USA's, as the trade represents a significant portion of a country's GDP.
I guess the answer is to diversify away from the USA trade? But then to what?
The question is if you consider yourself an active trader, ie. how do I optimize a trading path to maximum payoff, or if you are a passive investor.
If does not sound like you are an active investor?
For "paper assets" I apply, and would recommend, lifetime investment in a global, well diversified portfolio. Ie. I adjust my risk tolerance with leverage and not by picking positions. There is no reason why commodities, metals, crypto should not be a part of your "paper asset" portfolio. (I call it paper assets as "stocks" seems to mean ownership in companies, which is a bit too narrow - there are ETFs for most of this stuff)
Housing is a personal question. As an investment it usually does not pay off and compares to stock picking / active trading.
> The tariffs hit other country's stock markets harder than the USA's
... Did they? Which countries? What made you think that?
S&P500 is down about 9% YTD. FTSE250 (UK) down about 8% (but that's in pounds, and the pound is up 5% on the dollar). Shanghai Composite Index(China) is down 2.5%. Stoxx 600 (Eurozone, broadly) is down 1.5% YTD. The only big one where what you say _appears_ to be the case is the Nikkei 225 (Japan), which is down 15%... but remember that it's denominated in yen, and the dollar's down over 8% vs yen in the same time.
As far as I can see, the only way you could even pretend this was the case would be by ignoring the decline of the dollar, and even _if_ you ignore the decline of the dollar that only really works for Japan, not Europe or China.
I guess the answer is to diversify away from the USA trade? But then to what?