This week, Zacks Chief Equity Strategist and Economist John Blank, PhD discusses:

• More on tariffs and their role in international trade, business, foreign relations, and the economy. This week, John uses data and charts to detail the potential impacts of the 2025 Trump tariffs. As an economist with a PHD from MIT, John is ideally qualified to deliver an expert presentation about this critical issue.

• First, John delivers a macro perspective on trade, tariffs, and foreign exchange rates. He walks through key concepts including Intellectual Property Rights, Industrial Property Rights, the TRIPS Agreement and more. He also looks at the impact of the proposed tariffs on U.S. GDP, on long and short term Treasury yields, and on bilateral foreign exchange rates and equity indices for key countries, and other metrics that will likely be affected.

• John then reviews the most important potential effects of these tariffs on U.S. trade and economy, as well as global impacts. Positive outcomes could include reshoring of manufacturing and highlighting trade imbalances, while the negative consequences may include higher costs and supply chain disruptions. He also shares the bear market case of a “voluntary trade reset recession” laid out by Torsten Slok, Chief Economist at Apollo Global Management. Learn more about the fast-developing and essential topic of tariffs with this week’s strategy presentation.

The views of John Blank, PhD are not necessarily the views of Zacks Investment Research.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research is not a licensed securities dealer, broker or US investment adviser or investment bank. The S&P 500 is an unmanaged index.