Head of the industry association HotellerieSuisse, Martin von Moos poses during the Hospitality Summit in Bern, on June 3, 2026. Swiss business leaders and unions are mobilising ahead of a vote on June 14, 2026 on capping immigration, which has triggered fears of dire impacts on employment and trade relations with the European Union. The vote will focus on a proposal by the hard-right Swiss People's Party (SVP) aimed at keeping the wealthy Alpine nation's population -- currently 9.1 million -- below 10 million until 2050. (Photo by Nathalie OLOF-ORS / AFP via Getty Images)

(FILES) This photograph taken on January 5, 2023 shows the logo of GSK pharmaceutical laboratory in Mayenne, western France. The British pharmaceutical giant GSK announced on June 9, 2026, that it had reached an agreement to acquire the US biopharmaceutical company Nuvalent, which specialises in the development of cancer therapies, "for $10.6 billion" (9.18 billion). (Photo by JEAN-FRANCOIS MONIER / AFP via Getty Images)

Containers and ships are seen at the port in Nanjing, in China's eastern Jingsu province early on June 9, 2026. China's exports to the United States surged 35.4 percent year-on-year last month, official data showed on June 9, 2026, weeks after President Donald Trump visited Beijing with trade high on the agenda. (Photo by CN-STR / AFP via Getty Images) / China OUT

Shipping containers are seen at the port in Nanjing, in China's eastern Jingsu province early on June 9, 2026. China's exports to the United States surged 35.4 percent year-on-year last month, official data showed on June 9, 2026, weeks after President Donald Trump visited Beijing with trade high on the agenda. (Photo by CN-STR / AFP via Getty Images) / China OUT

Containers and ships are seen at the port in Nanjing, in China's eastern Jingsu province early on June 9, 2026. China's exports to the United States surged 35.4 percent year-on-year last month, official data showed on June 9, 2026, weeks after President Donald Trump visited Beijing with trade high on the agenda. (Photo by CN-STR / AFP via Getty Images) / China OUT

Containers and ships are seen at the port in Nanjing, in China's eastern Jingsu province early on June 9, 2026. China's exports to the United States surged 35.4 percent year-on-year last month, official data showed on June 9, 2026, weeks after President Donald Trump visited Beijing with trade high on the agenda. (Photo by CN-STR / AFP via Getty Images) / China OUT

Containers and ships are seen at the port in Nanjing, in China's eastern Jingsu province early on June 9, 2026. China's exports to the United States surged 35.4 percent year-on-year last month, official data showed on June 9, 2026, weeks after President Donald Trump visited Beijing with trade high on the agenda. (Photo by CN-STR / AFP via Getty Images) / China OUT

A board above the trading floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average, Wednesday, June 3, 2026. (AP Photo/Richard Drew)