Jul 28th, 2025

Futures Rise Amid US-EU Trade Deal; Tesla, Samsung Reach AI Chips Pact | Bloomberg Brief 7/28/2025

US equity futures rise as the US-EU trade agreement ease fears of trade war damages, while some conflicting details of the deal emerge. US and Chinese officials are meeting in Stockholm to extend their tariff truce and discuss other ways of defusing tensions. Samsung will produce AI chips for Tesla in a multiyear pact that Elon Musk says will bring much more than $16 billion. Christian Mueller-Glissman of Goldman Sachs says we are in the middle of a Goldilocks regime as a result of trade policy, negative inflation momentum, and resilient hard data. Lori Calvasina of RBC Capital Markets believes corporate sentiment level does not match what we see from investors. Pony AI CFO Leo Haojun Wang thinks the Middle East has the potential to be an interesting Robotaxi market. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.