US Ambassador to Netherlands Joseph Popolo (L) rings the opening bell at the Euronext Stock Exchange in Amsterdam on April 20, 2026. (Photo by Ramon van Flymen / ANP / AFP via Getty Images) / Netherlands OUT

HANOVER, GERMANY - APRIL 20: German Chancellor Friedrich Merz (C-R) listens as Siemens head Roland Busch (R) speaks at the Siemens stand at the 2026 Hannover Messe industrial trade fair as Siemens Economy and Energy Minister Katharina Reiche (3rd from L) looks on on April 20, 2026 in Hanover, Germany. This year's trade fair includes an increased emphasis on artificial intelligence. Brazil is the official foreign partner of the fair. (Photo by Sean Gallup/Getty Images)

HANOVER, GERMANY - APRIL 20: German Chancellor Friedrich Merz (C) listens as Siemens head Roland Busch (R) speaks at the Siemens stand at the 2026 Hannover Messe industrial trade fair as Siemens Economy and Energy Minister Katharina Reiche (L) looks on on April 20, 2026 in Hanover, Germany. This year's trade fair includes an increased emphasis on artificial intelligence. Brazil is the official foreign partner of the fair. (Photo by Sean Gallup/Getty Images)

HANOVER, GERMANY - APRIL 20: German Chancellor Friedrich Merz gestures as he visits the Siemens stand at the 2026 Hannover Messe industrial trade fair as Siemens head Roland Busch (R) and Economy and Energy Minister Katharina Reiche (3rd from L) look on on April 20, 2026 in Hanover, Germany. This year's trade fair includes an increased emphasis on artificial intelligence. Brazil is the official foreign partner of the fair. (Photo by Sean Gallup/Getty Images)

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, April 17, 2026. (AP Photo/Ahn Young-joon)

People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, April 20, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

German Chancellor Friedrich Merz (C-R), his wife Charlotte Merz, German Economy and Energy Minister Katherina Reiche (3rd L) and Lower Saxony's State Premier Olaf Lies (2nd L) listen to Siemens CEO Roland Busch (R) during a tour of the Hannover Messer industrial trade fair for mechanical and electrical engineering and digital industries, in Hanover, northern Germany on April 20, 2026. The fair opens its doors to the public on April 20 and will be running until April 24, 2026. (Photo by Ronny HARTMANN / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche (R) speaks with Bayer AG CEO Bill Anderson at the Hannover industrial trade fair for mechanical and electrical engineering and digital industries, in Hannover, northern Germany on April 20, 2026. The fair opens its doors to the public on April 20 and will be running until April 24, 2026. (Photo by Ronny HARTMANN / AFP via Getty Images)