Amid rising tariffs, RI state pension fund takes a $500 million hit

Amid rising tariffs, RI state pension fund takes a $500 million hit

Since President Trump's implementation of sweeping international tariffs, the value of the Rhode Island state pension fund has dropped by approximately $500 million.This represents about a 4.5% decline in the fund's value, according to a statement shared by Robert Craven Jr., the director of policy and intergovernmental affairs at the office of R.I. General Treasurer James Diossa. As of April 7, assets had declined from approximately $11.5 billi…