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PRESS DIGEST - Wall Street Journal - July 28

ReutersJul 28, 2025 6:34 AM

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump said he reached a trade agreement with the European Union, setting a 15% baseline tariff for European goods.

- Samsung Electronics 005930.KS will manufacture semiconductors for Tesla TSLA.O in a $16.54 billion multi-year deal, marking a major win for its foundry business.

- CK Hutchison Holdings 0001.HK is in talks with a BlackRock-led consortium to include a strategic investor from China to push ahead with its plans to sell ports on either end of the Panama Canal.

- Citigroup C.N is launching a new premium credit card aimed at frequent travelers, the latest salvo in a high-stakes war among banks to win over affluent customers.

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