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  1. United States
  2. Utah
  3. Letter

Concern Over Impact of Tariffs on Retirement Savings

To: Rep. Owens, Pres. Trump, Sen. Lee, Sen. Curtis

From: A constituent in Eagle Mountain, UT

April 6

I am writing as a constituent to express my deep concern about the negative impact current tariff policies are having on my 401(k) and retirement plans. Like many Americans, I’ve spent decades saving carefully for retirement. Unfortunately, the volatility and downward pressure on markets caused by ongoing trade tensions and tariffs have significantly affected my portfolio. These policies are not just abstract economic tools—they have real consequences for people like me who are approaching retirement and depend on stable, growing markets to maintain financial security. I urge you to consider the impact these tariffs are having on ordinary Americans and to advocate for more balanced trade policies that support both American industry and the long-term financial health of your constituents.

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