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: Jean-Frédéric Paulsen (Chairman and Chief Executive Officer - Ferring Pharmaceuticals) 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) 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)