A woman walks past the logo of German semiconductor manufacturer Infineon Technologies AG at the company's plant in Dresden, eastern Germany, on June 10, 2026. On July 2, 2026, Infineon will officially open its Smart Power Fab that manufactures power semiconductors as well as analog/mixed-signal-components in Dresden. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Jens SCHLÜTER / AFP via Getty Images)

A man walks past the logo of German semiconductor manufacturer Infineon Technologies AG at the company's plant in Dresden, eastern Germany, on June 10, 2026. On July 2, 2026, Infineon will officially open its Smart Power Fab that manufactures power semiconductors as well as analog/mixed-signal-components in Dresden. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Jens SCHLÜTER / AFP via Getty Images)

A cargo ship sails into the port in Qingdao, in China's Shandong province on June 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

Chinese-made cars are parked at a port in Yantai, in China's eastern Shandong province on June 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

Chinese-made cars are seen before being loading for export at a port in Yantai, in China's eastern Shandong province on June 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

Chinese-made cars are parked at a port in Yantai, in China's eastern Shandong province on June 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

A cargo ship sails into the port in Qingdao, in China's Shandong province on June 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

Olivier Agassis, a winegrower and local representative of the Swiss People's Party (SVP/UDC), poses in front of his vineyard hut in Bavois, western Switzerland, on May 1, 2026. The Swiss will vote on June 14, 2026 on a divisive anti-immigration proposal to cap the country's population, with the result expected to be tight and warnings of "chaos" if it passes. Put forward by the far-right Swiss People's Party, the proposal would require drastic cuts to immigration that critics warn risk crippling swathes of the economy and Switzerland's relations with the European Union, its main trading partner. (Photo by Fabrice COFFRINI / AFP via Getty Images)