If the US does impose $150 billion of new tariffs on consumer goods from China, retail companies and tech companies will be disproportionately affected. I shuffled some of my tech and retail shares into weed stock Aurora Cannabis and pharmaceutical companies Amyris and Lannett this morning after seeing some positive headlines about those companies. I also bought small positions in a gold miners fund and an inverse oil fund just for funsies. Those should both gain if no trade deal materializes.
Most of my money is now in cash, however, and I will choose a re-entry once I know what's going on with tariffs. I will definitely miss some profit if a deal gets made, but that's okay. I take safer bets; I don't play Trump roulette.
Good luck with all that above.