After Trump's tariffs hit the U.S. stock market hard, America's top pension funds lost $169 billion
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Trump's tariff plan triggered a sharp decline in the stock market. In just four trading days (from April 3 to April 8), the top 25 public pension funds in the United States saw a paper loss of $169 billion. According to a report by the nonprofit organization Equable, these funds have accumulated losses of approximately $249 billion this year. The organization pointed out that if higher tariffs lead to a prolonged economic recession, the cash flow of these pension institutions will become tighter in the coming years
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