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PRESS DIGEST- New York Times business news - July 28

ReutersJul 28, 2025 6:37 AM

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- The U.S. struck a framework trade agreement with the European Union, imposing a 15% import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade.

- Senior U.S. and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies, aiming to extend a truce keeping sharply higher tariffs at bay.

- Passengers slid down an emergency chute and dashed onto the runway amid the haze from an airplane's smoking brake system as they evacuated a flight at Denver International Airport.

- U.S. Secretary of State Marco Rubio said State Department officials were in Malaysia to assist peace efforts as Cambodia and Thailand were scheduled to begin talks there on Monday in hopes for a ceasefire.

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