WASHINGTON, DC - APRIL 17: Gina Raimondo ( 40th U.S. Secretary of Commerce - U.S. Department of Commerce) 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: Ursula Burns (Founding Partner, Integrum & Chairwoman, Teneo - Integrum) as seen 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: Ursula Burns (Founding Partner, Integrum & Chairwoman, Teneo - Integrum) as seen 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: Gina Raimondo ( 40th U.S. Secretary of Commerce - U.S. Department of Commerce) 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: Gina Raimondo ( 40th U.S. Secretary of Commerce - U.S. Department of Commerce) 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)

US Secretary of Commerce Howard Lutnick speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

(L/R) Saudi Arabia's Finance Minister Mohammed Al-Jadaan, US Federal Reserve Chair Jerome Powell, and European Central Bank President Christine Lagarde speak with each other during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Federal Reserve Chair Jerome Powell speaks with European Central Bank President Christine Lagarde (R) during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)