LOS ANGELES, CALIFORNIA - MAY 19: Sir Lucian Grainge, Chairman and CEO, Universal Music Group speaks onstage during the Greater Together Los Angeles welcome reception at the Academy Museum of Motion Pictures on May 19, 2026, in Los Angeles, California. The event brings together changemakers across entertainment, culture, music, sports, technology, healthcare, and business to celebrate existing and forge new partnerships between the United States and the United Kingdom. (Photo by Jerod Harris/Getty Images for Greater Together Los Angeles)

LOS ANGELES, CALIFORNIA - MAY 19: (L-R) Kate Taylor-Tett, Director, GREAT Campaign, Sir Lucian Grainge, Chairman and CEO, Universal Music Group, Claire Reid and Marco Amitrano attend the Greater Together Los Angeles welcome reception at the Academy Museum of Motion Pictures on May 19, 2026, in Los Angeles, California. The event brings together changemakers across entertainment, culture, music, sports, technology, healthcare, and business to celebrate existing and forge new partnerships between the United States and the United Kingdom. (Photo by Jerod Harris/Getty Images for Greater Together Los Angeles)

This aerial view shows a cargo ship containers docked at Qingdao port, in China's eastern Shandong province on May 19, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

This aerial photo shows containers at Qingdao port, in China's eastern Shandong province on May 19, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

This aerial view shows a cargo ship containers docked at Qingdao port, in China's eastern Shandong province on May 19, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

This aerial view shows a cargo ship docked and containers at Qingdao port, in China's eastern Shandong province on May 19, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

This aerial view shows a cargo ship containers sailing from the port in Qingdao, in China's eastern Shandong province on May 19, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

This aerial view shows a cargo ship containers sailing from the port in Qingdao, in China's eastern Shandong province on May 19, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT