FRESNO, Calif. (KSEE/KGPE) – The stock market is responding swiftly to President Donald Trump's announcement on tariffs.  On Thursday, the Dow, S&P 500, and the Nasdaq all fell. Wall Street had its worst day since 2020.  Financial experts say President Trump's sweeping new tariffs lik ely aren't only having an impact on the price paid at the store, but in the short term, they're also impacting investments.  Ford Financial Group Financial Advisor Brian Ullmann said he's been watching the markets' reaction to the new administration. He says it's normal for the markets to ebb and flow, but he understands why Thursday's drop is worrying investors.  "It gets everybody's attention, and the suddenness of it, I think, caught some off guard," Ullmann said.  He says younger investors will be okay and will have time to recover. But for those who are already retired, he said this is why it's key to have a balanced portfolio of investments.  "Stocks tend to take the stairs up and the elevator down," he said, adding that over time, stocks go up.  He says overall, it's the uncertainty that has investors and the market on edge. "I imagine that this is going to be a developing story where we're going to see tariffs negotiated between countries maybe recalculated a bit or even in specific industries. They get walked back. But we don't know. And I think it's the not knowing that unnerves investors, especially in the short term," he said.  Ullmann also notes he can't predict the future for investments or for how these trade policies will play out.  "And for better or for worse, I certainly understand some of the sentiment that the administration has in trying to fix what have been some imbalances in our trade policies. But they're doing it with a chainsaw, not a scalpel," Ullmann said.  ...read more read less