Trump’s second-term foreign policy has featured frequent high-level diplomacy, including a September 2026 White House summit with Xi Jinping focused on trade, AI, Taiwan, and the Iran conflict, plus multiple bilateral meetings at the UN General Assembly with leaders such as Zelenskyy, UK Prime Minister Andy Burnham, Japan’s Sanae Takaichi, and Gulf Cooperation Council representatives. Additional Xi meetings are scheduled for the November APEC summit in China and December G20 in Miami. Trader pricing reflects these patterns, alongside ongoing mediation efforts on Ukraine and Iran that could produce further encounters with Putin or regional actors. Late-year multilateral forums and any breakthroughs in conflict resolution remain the primary near-term catalysts for additional meetings.