Former Prime Minister of Canada Justin Trudeau speaks during the Salzburg Summit 2026 in Salzburg, Austria on July 24, 2026. Organized by the Federation of Austrian Industries, the Salzburg Summit is an exclusive, high-level platform bringing together decision-makers from politics, business, industry, and culture. (Photo by BARBARA GINDL / APA / AFP via Getty Images) / Austria OUT

Former Prime Minister of Canada Justin Trudeau speaks during the Salzburg Summit 2026 in Salzburg, Austria on July 24, 2026. Organized by the Federation of Austrian Industries, the Salzburg Summit is an exclusive, high-level platform bringing together decision-makers from politics, business, industry, and culture. (Photo by BARBARA GINDL / APA / AFP via Getty Images) / Austria OUT

Former Prime Minister of Canada Justin Trudeau speaks during the Salzburg Summit 2026 in Salzburg, Austria on July 24, 2026. Organized by the Federation of Austrian Industries, the Salzburg Summit is an exclusive, high-level platform bringing together decision-makers from politics, business, industry, and culture. (Photo by BARBARA GINDL / APA / AFP via Getty Images) / Austria OUT

Former Prime Minister of Canada Justin Trudeau speaks during the Salzburg Summit 2026 in Salzburg, Austria on July 24, 2026. Organized by the Federation of Austrian Industries, the Salzburg Summit is an exclusive, high-level platform bringing together decision-makers from politics, business, industry, and culture. (Photo by BARBARA GINDL / APA / AFP via Getty Images) / Austria OUT

(FILES) The illuminated VW logo is seen on the power plant building at the headquarters of German carmaker Volkswagen (VW) during sunset in Wolfsburg, central Germany, on November 21, 2025. Volkswagen said on July 24, 2026 that its net profit plunged in the second quarter as the crisis-hit carmaker, weighing up to 100,000 job cuts worldwide, grapples with declining sales in China. Net profit for the three months to the end of June came in at 1.54 billion euros ($1.75 billion), the 10-brand group said, a fall of 32.9 percent on the same period last year. (Photo by Ronny HARTMANN / AFP via Getty Images)

(FILES) The illuminated VW Logo is pictured in the customer centre at the headquarters of German carmaker Volkswagen (VW) in Wolfsburg, central Germany, on November 21, 2025. Volkswagen said on July 24, 2026 that its net profit plunged in the second quarter as the crisis-hit carmaker, weighing up to 100,000 job cuts worldwide, grapples with declining sales in China. Net profit for the three months to the end of June came in at 1.54 billion euros ($1.75 billion), the 10-brand group said, a fall of 32.9 percent on the same period last year. (Photo by Ronny HARTMANN / AFP via Getty Images)

(FILES) Volkswagen (VW) employees, one with an IG Metall bag, attend a rally to protest against restructuring and mass job cut plans at the VW headquarters on July 9, 2026 at the Wolfsburg Volkswagen Plant in Wolfsburg, northern Germany. Volkswagen said on July 24, 2026 that its net profit plunged in the second quarter as the crisis-hit carmaker, weighing up to 100,000 job cuts worldwide, grapples with declining sales in China. Net profit for the three months to the end of June came in at 1.54 billion euros ($1.75 billion), the 10-brand group said, a fall of 32.9 percent on the same period last year. (Photo by Lisi Niesner / POOL / AFP via Getty Images)

(FILES) Aerial view of the One Contribution container ship sailing under the Tokio flag as it enters the Panama Canal in Panama City on April 21, 2026. Panama's government announced on July 23, 2026, the drastic reduction in Panamanian-flagged ships detained in Chinese ports after the two countries reached a maritime agreement that grants their fleet advantages in China's terminals. (Photo by MARTIN BERNETTI / AFP via Getty Images)