The rich might be more exposed to stock market fluctuations, but they are fundamentally in a better place to leverage the changes in the market to either improv

The rich might be more exposed to stock market fluctuations, but they are fundamentally in a better place to leverage the changes in the market to either improve or at the very least maintain their position. The real impact will be felt by the people on the lowest end of the financial wealth scale. If the price of food, energy, clothing, housing, appliances, etc goes up - that means a lot more to those with the lowest wealth. The more wealthy you are, the less that is going to have a direct impact on you. If this were "eating the rich" then we'd see direct taxation or asset seizing from the wealthy, not raising of tariffs.