German Finance Minister and Vice Chancellor Lars Klingbeil addresses a press conference to present the government's draft of the 2027 federal budget and financial plan through 2030, in Berlin on July 6, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Finance Minister and Vice Chancellor Lars Klingbeil addresses a press conference to present the government's draft of the 2027 federal budget and financial plan through 2030, in Berlin on July 6, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

Traders moments before US President Donald Trump rings the opening bell of the New York Stock Exchange (NYSE) in New York on July 6, 2026 from the Oval Office in celebration of the First Day of trading of Trump Accounts (Photo by TIMOTHY A. CLARY / AFP via Getty Images)

German Finance Minister and Vice Chancellor Lars Klingbeil gestures as he addresses a press conference to present the government's draft of the 2027 federal budget and financial plan through 2030, in Berlin on July 6, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

A general view of the New York Stock Exchange moments before US President Donald Trump rings the opening bell in New York on July 6, 2026 from the Oval Office in celebration of the First Day of trading of Trump Accounts (Photo by TIMOTHY A. CLARY / AFP via Getty Images)

Traders moments before US President Donald Trump rings the opening bell of the New York Stock Exchange (NYSE) in New York on July 6, 2026 from the Oval Office in celebration of the First Day of trading of Trump Accounts (Photo by TIMOTHY A. CLARY / AFP via Getty Images)

German Finance Minister and Vice Chancellor Lars Klingbeil poses for photographers before addressing a press conference to present the government's draft of the 2027 federal budget and financial plan through 2030, in Berlin on July 6, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

Traders moments before US President Donald Trump rings the opening bell of the New York Stock Exchange (NYSE) in New York on July 6, 2026 from the Oval Office in celebration of the First Day of trading of Trump Accounts (Photo by TIMOTHY A. CLARY / AFP via Getty Images)