WASHINGTON, DC - APRIL 17: (L-R) Jean-Frédéric Paulsen (Chairman and Chief Executive Officer - Ferring Pharmaceuticals) and Amna Nawaz (Co-Host, PBS News Hour & Semafor Contributor) speak on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: Satish Reddy (Chairman - Dr. Reddy’s Laboratories) speaks on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: (L-R) Satish Reddy (Chairman - Dr. Reddy’s Laboratories), Jean-Frédéric Paulsen (Chairman and Chief Executive Officer - Ferring Pharmaceuticals) and Amna Nawaz (Co-Host, PBS News Hour & Semafor Contributor) speak on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: Satish Reddy (Chairman - Dr. Reddy’s Laboratories) speaks on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: Amna Nawaz (Co-Host, PBS News Hour & Semafor Contributor) speaks on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: (L-R) Satish Reddy (Chairman - Dr. Reddy’s Laboratories), Jean-Frédéric Paulsen (Chairman and Chief Executive Officer - Ferring Pharmaceuticals) and Amna Nawaz (Co-Host, PBS News Hour & Semafor Contributor) speak on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: Chairperson of Teneo Ursula Burns speaks at the Semafor World Economy 2026 summit on April 17, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)

WASHINGTON, DC - APRIL 17: Chairperson of Teneo Ursula Burns speaks at the Semafor World Economy 2026 summit on April 17, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)