This photograph shows the logo of French private equity firm and investment group Eurazeo at its headquarters, in Paris on July 22, 2026. (Photo by Xavier GALIANA / AFP via Getty Images)

This photograph shows the logo of French private equity firm and investment group Eurazeo at its headquarters, in Paris on July 22, 2026. (Photo by Xavier GALIANA / AFP via Getty Images)

A pedestrian walks past the French office of Roche, a Swiss multinational holding healthcare company that operates worldwide under a pharmaceutical and diagnostics divisions, in Boulogne-Billancourt, outside Paris on July 22, 2026. (Photo by Xavier GALIANA / AFP via Getty Images)

This photograph shows the logo of Roche, a Swiss multinational healthcare company operating in the pharmaceutical and diagnostics sectors, at its French office in Boulogne-Billancourt, outside Paris on July 22, 2026. (Photo by Xavier GALIANA / AFP via Getty Images)

This photograph shows the logo of Roche, a Swiss multinational healthcare company operating in the pharmaceutical and diagnostics sectors, at its French office in Boulogne-Billancourt, outside Paris on July 22, 2026. (Photo by Xavier GALIANA / AFP via Getty Images)

This photograph shows the logo of Roche, a Swiss multinational healthcare company operating in the pharmaceutical and diagnostics sectors, at its French office in Boulogne-Billancourt, outside Paris on July 22, 2026. (Photo by Xavier GALIANA / AFP via Getty Images)

(From L-R) Administrator of the Small Business Administration Kelly Loeffler, US Secretary of Education Linda McMahon and US Secretary of Treasury Scott Bassent, stand as US President Donald Trump arrives at Wheeler High School, in Marietta, Georgia, on July 22, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

(L-R) Germany's Parliamentary State Secretary to the German Minister of Defence Nils Schmid, the CEO of German automotive and ar Bavaria's Economy Minister Hubert Aiwanger lay a stone during the groundbreaking ceremony for Rheinmetall's new powder plant in Aschau am Inn, Bavaria, southern Germany, on July 22, 2026. (Photo by Alexandra Beier / Merkur TZ / AFP via Getty Images)