France's Economy and Finance Minister Roland Lescure leaves after the weekly cabinet meeting at the Elysee Palace in Paris on July 1, 2026. (Photo by SIMON WOHLFAHRT / AFP via Getty Images)

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, July 1, 2026. (AP Photo/Ahn Young-joon)

(L-R) German Minister for Research, Technology and Aerospace Dorothee Baer, German Interior Minister Alexander Dobrindt, German Finance Minister and Vice Chancellor Lars Klingbeil and German Economy and Energy Minister Katherina Reiche wait for the German Chancellor, the German Defence Minister and the NATO Secretary General pose for a group photo prior to a weekly meeting of the German cabinet at the Defence Ministry in Berlin, Germany, on July 1, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

(L-R) German Minister for Research, Technology and Aerospace Dorothee Baer, German Interior Minister Alexander Dobrindt, German Finance Minister and Vice Chancellor Lars Klingbeil and German Economy and Energy Minister Katherina Reiche wait for the German Chancellor, the German Defence Minister and the NATO Secretary General pose for a group photo prior to a weekly meeting of the German cabinet at the Defence Ministry in Berlin, Germany, on July 1, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

(L-R) German Interior Minister Alexander Dobrindt, NATO Secretary General Mark Rutte, German Chancellor Friedrich Merz, German Defence Minister Boris Pistorius, German Finance Minister and Vice Chancellor Lars Klingbeil and German Economy and Energy Minister Katherina Reiche pose for a group photo prior to a weekly meeting of the German cabinet at the Defence Ministry in Berlin, Germany, on July 1, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

(L-R) German Minister for Research, Technology and Aerospace Dorothee Baer, German Interior Minister Alexander Dobrindt, NATO Secretary General Mark Rutte, German Chancellor Friedrich Merz, German Defence Minister Boris Pistorius, German Finance Minister and Vice Chancellor Lars Klingbeil, German Economy and Energy Minister Katherina Reiche and Chief of Staff and Minister for Special Tasks Thorsten Frei pose for a group photo prior to a weekly meeting of the German cabinet at the Defence Ministry in Berlin, Germany, on July 1, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

(L-R) German Minister for Research, Technology and Aerospace Dorothee Baer, German Interior Minister Alexander Dobrindt, NATO Secretary General Mark Rutte, German Chancellor Friedrich Merz, German Defence Minister Boris Pistorius, German Finance Minister and Vice Chancellor Lars Klingbeil, German Economy and Energy Minister Katherina Reiche and Chief of Staff and Minister for Special Tasks Thorsten Frei pose for a group photo prior to a weekly meeting of the German cabinet at the Defence Ministry in Berlin, Germany, on July 1, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

BYD and MG cars, from Chinese automakers, are seen at the Dongfang port branch of Lianyungang Port in Jiangsu province, eastern China on July 1, 2026, ready to be loaded onto ships for export. (Photo by -STR / CN-STR / AFP via Getty Images) / China OUT