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The Dow closed down more than 700 points on Friday, March 28,CNNreported.

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And as of April 3, the S&P 500 is down over 3% for the year.

Some of the recent volatility is the result of proposals to impose steep tariffs on imported goods.

For investors, its important to prepare.

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Here are three ways to prepare your stock portfolio for tariffs and inflation.

Also seeWarren Buffetts warning about the impact of Trumps tariffs.

This exchange-traded fund is actively managed, and it can adjust dynamically as markets change.

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Keep Some Money in Bonds but Choose the Right Kind

The current inflation rate is 2.8%.

To prepare for that scenario, it added high-yield municipal bonds to its portfolio.

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