Recent confirmation of a bilateral summit between President Trump and Chinese President Xi Jinping in Beijing on May 14-15 has driven near-certain trader consensus for that pairing, with implied probabilities exceeding 98 percent. The agenda centers on trade tariffs, rare earth minerals, Taiwan tensions, semiconductor controls, and artificial intelligence competition, marking Trump’s first major overseas engagement since Davos. Confirmed earlier meetings have lifted Italian Prime Minister Giorgia Meloni to 86 percent and Saudi Crown Prince Mohammed bin Salman to roughly 70 percent. Anticipated NATO discussions in Ankara on July 7-8 support 60 percent odds for UK Prime Minister Keir Starmer, while Vladimir Putin sits near 45 percent pending a possible G20 invitation in Miami amid Ukraine-related signals. Scheduled G7 and APEC gatherings in June and later this year remain potential catalysts for further shifts through year-end.