Jim Cramer breaks down why hedge funds are feeling the pain when it comes to tariffs. :
It may sound odd, but the group hurt the most by the U.S.-China trade war is the hedge funds, CNBC's Jim Cramer said on Thursday. "OK, I'm being a little facetious, but when you think about it, maybe I'm not. Hedge fund managers have lost billions of dollars shorting stocks ever since the trade war began in earnest," the "Mad Money" host said.