<div id="readability-page-1"><div><div>President Donald Trump is expected to announce a framework trade agreement with the UK, according to The New York Times—marking the first concrete development in a series of proposed deals floated in recent weeks.However, Wedbush analyst Daniel Ives said the agreement is unlikely to excite markets, particularly in tech, noting that while the UK avoided reciprocal tariffs on Liberation Day, it will still face a baseline 10% tariff.While this is an infant step in getting some framework on the table for the White House, the reality is that the market, and especially tech investors, will view this announcement as a drag and as not moving the needle on the significant issues hitting US companies of all shapes and sizes.Also Read: Nvidia, Broadcom, AMD Gain As Trump Reshapes AI Chip Export Rules To Ease Market PressureIves said the laser focus is on China negotiations, India, and Vietnam, adding that these remain the primary focus of the markets and the tech world.Much more market focus will be on the trade talks in Switzerland beginning Friday, led by Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer.Investors worldwide are deeply concerned about the 145% “black cloud” China tariffs and many restrictions hitting Nvidia Corp NVDA and other tech companies, with the negative ripple impact in the supply chain front and center, Ives noted.The biggest trade deal Wall Street is watching is with India. As Apple Inc‘s AAPL latest moves around supply chain shift clearly show, this is a foundational piece for the tech ecosystem moving forward. At the same time, the tariff battle will continue in the coming months. The UK is a “baby step start,” but it is not a surprise, as the market is much more focused on the math and reality of the discussions on China, India, Vietnam, and the other U.S. core 20 trading partners.<ul> <li>Nvidia, Broadcom Lead Fund Manager Buys Even As Semiconductor Sector Cools: Analysts</li> </ul>Photo: Shutterstock</div></div></div>

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Analyst Daniel Ives from Wedbush suggests that the anticipated UK trade agreement, expected to be announced by President Trump, will not significantly impact tech markets, particularly for companies like Nvidia and Apple. The focus remains on ongoing trade negotiations with China, India, and Vietnam, which are seen as more critical to the tech sector. Investors are concerned about high tariffs from China affecting Nvidia and other tech firms, while the UK deal is viewed as a minor step amidst larger trade challenges.

- President Donald Trump is expected to announce a framework trade agreement with the UK, marking a significant development in proposed trade deals.  
- However, analysts believe this agreement will not significantly impact markets, particularly in the tech sector, as concerns remain focused on negotiations with China, India, and Vietnam.  
- The upcoming trade talks in Switzerland are anticipated to draw more attention from investors, who are worried about high tariffs and their effects on the tech supply chain.  

Nvidia, Apple Face Bigger Risks From China Trade Talks Than Any Boost From UK Deal, Analyst Says