(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)

Two woman look at the currency rates at a money exchange in Shinjuku district in Tokyo on July 24, 2026. Core inflation accelerated in Japan in June, official data showed as the Middle East war and a weak yen pushed up prices for consumers in the world's fourth-biggest economy. A falling yen, which overnight hit a fresh four-decade low against the US dollar, also increases the cost of imports like oil and food for resource-poor Japan. (Photo by Andrew CABALLERO-REYNOLDS / AFP via Getty Images)

A woman walks past a display showing currency rates at a money exchange in Shinjuku district in Tokyo on July 24, 2026. Core inflation accelerated in Japan in June, official data showed as the Middle East war and a weak yen pushed up prices for consumers in the world's fourth-biggest economy. A falling yen, which overnight hit a fresh four-decade low against the US dollar, also increases the cost of imports like oil and food for resource-poor Japan. (Photo by Andrew CABALLERO-REYNOLDS / AFP via Getty Images)

A man walks past a display showing currency rates at a money exchange in Shinjuku district in Tokyo on July 24, 2026. Core inflation accelerated in Japan in June, official data showed as the Middle East war and a weak yen pushed up prices for consumers in the world's fourth-biggest economy. A falling yen, which overnight hit a fresh four-decade low against the US dollar, also increases the cost of imports like oil and food for resource-poor Japan. (Photo by Andrew CABALLERO-REYNOLDS / AFP via Getty Images)

Two men walk past a display showing currency rates at a money exchange in Shinjuku district in Tokyo on July 24, 2026. Core inflation accelerated in Japan in June, official data showed as the Middle East war and a weak yen pushed up prices for consumers in the world's fourth-biggest economy. A falling yen, which overnight hit a fresh four-decade low against the US dollar, also increases the cost of imports like oil and food for resource-poor Japan. (Photo by Andrew CABALLERO-REYNOLDS / AFP via Getty Images)

This picture taken on June 26, 2026 shows Roh Soh-yeong, director of Art Center Nabi, arriving at a court to attend her retrial regarding the division of assets with her former husband SK Group Chairman Chey Tae-won at the Seoul High Court in Seoul. (Photo by YONHAP / AFP via Getty Images) / - South Korea OUT / NO ARCHIVES - RESTRICTED TO SUBSCRIPTION USE

This picture taken on June 26, 2026 shows SK Group Chairman Chey Tae-won arriving at a court to attend his retrial regarding the division of assets with his former wife Roh Soh-yeong, director of Art Center Nabi, at the Seoul High Court in Seoul. (Photo by YONHAP / AFP via Getty Images) / - South Korea OUT / NO ARCHIVES - RESTRICTED TO SUBSCRIPTION USE