Tariffs scare the markets while promising days are coming

Panic set in last week as President Donald Trump enacted tariffs on key U.S. trade partners, but economic advisers said this is a minor setback in the grander plan to level out the economy.

Trump said there are "disparate tariff rates and non-tariff barriers that make it harder for U.S. manufacturers to sell their products in foreign markets."

Our trading partners "suppress domestic wages and consumption, and thereby demand for U.S. exports. He also said their policies "artificially increasing the competitiveness of their goods in global markets," he said.

The tariffs order is meant to end persistent annual U.S. goods trade deficits. It's hard to see the end-game through the immediate pinch the tariff enactments immediately caused: The markets tumbled. People looked at their investments with shock. But it's a short-term pitfall to endure much larger gains. Take a breath and sit tight. A businessman like Donald Trump certainly doesn't want to see his own money slide, let alone that of those he leads. Have some patience, things will turn.

And if there's anything we know about this administration, it's that there is a plan in place, we just don't know what it is on the public level. Trump is fully surrounded by key advisers and thought leaders who know that without risk, there's no reward. America should put it's trust in the administration it elected to fill the White House.

Remember too that a market downturn is a buying opportunity.