WASHINGTON, DC - APRIL 14: (L-R) Justin Smith (Co-Founder & CEO - Semafor) and José Muñoz (CEO - Hyundai) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: José Muñoz (CEO - Hyundai) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

Women rest on mannequins in a clothing store outside a courthouse in Caracas on April 14, 2026. (Photo by Federico PARRA / AFP via Getty Images)

WASHINGTON, DC - APRIL 14: José Muñoz (CEO - Hyundai) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Greg Case (President & Chief Executive Officer - Aon), Horacio Rozanski (Chairman, CEO, and President - Booz Allen Hamilton) and Christine Romans (Senior Business Correspondent - NBC News) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Christine Romans (Senior Business Correspondent - NBC News) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Horacio Rozanski (Chairman, CEO, and President - Booz Allen Hamilton) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Horacio Rozanski (Chairman, CEO, and President - Booz Allen Hamilton) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)