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It has been thus since the McCarthy era of the 1950s and even before; the Republican business coalition opposing Franklin D. Roosevelt’s New Deal wrapped itself in the flag.

"I think a non-reciprocal trade agreement is a very tough sell for this Congress, which is dominated by the Republican Party that has thus far been quite accommodating of the administration's agenda."

“This is one of the most disastrous and poorly thought out policies that the Trump administration has done thus far, and that’s saying a lot,” he added.

To begin with, although it’s generally accepted that high tariffs are bad for the economy and thus for stocks, Trump’s tariff policies are seldom clear-cut.

For those who reached age 20 and thus were entering their working years, it was about 68.5, and for those who had reached age 60, it was nearly 76.