Dunno why you are all panicking and/or upset.
Trump did tariffs in his last presidency. It had a predictable outcome; the market crashed. After 422 days he announced the repealing of most of them (remember most of them were against China). It was a great time to buy shares, you basically could do no wrong, obviously if you don't know how to pick good companies; pick the ETFs that track the Sp500.
Trump is doing the exact same thing, this time with more tariffs. I would hazard a guess that after another ~422 days from today he will repeal them. It'll cause another surge in the share market, just like last time.
Get a job, earn some money, buy the Sp500 this year. If you're really smart, buy some options for a share market gain in a year when he announces changes to the tariffs. Don't try to time it, the time is now, now in a week, not a month, just buy as you earn cash.
The wealth transfer from poor to rich is NOT changing. Money is flowing upwards, towards assets, inflating them. And there is no govt on earth that is wanting to change it by putting in taxation on assets.
Hot tip; You can't manufacture TSMCs transistors in the US. The company was already undervalued when Trump was in office, calling it a shit company (he did this with Amazon last time, Amazon saw over-sized gains afterwards). Trump likes picking on specific companies he wants to buy into because his word makes their prices fall.