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

Benzinga LogoBenzinga20h ago

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

Quick Summary:

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.


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 14:46:11 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28516907

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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