The American Times News | Economy, Geopolitics, Calculators

The Trump-Xi White House summit took place in Washington from September 24 to 26, 2026. It brought together the leaders of the world's two largest economies for their second meeting of the year and Xi Jinping's first visit to Washington in more than a decade. The three-day state visit included a formal arrival ceremony, bilateral talks, a state dinner, and a visit to the National Archives. The White House described the visit as a significant milestone. The summit came at a moment when US-China relations were calmer than during the 2025 tariff confrontation, but still marked by deep disagreements over trade, Taiwan, advanced technology, rare earths, and the war in Iran. A Fragile Trade Truce Extended to January The most immediate result of the summit was on trade. US Treasury Secretary Scott Bessent said Washington and Beijing had agreed to extend the current trade truce by two months, moving its expiration from November 10, 2026, to January 10, 2027. The extension gives negotia...

Is the United States taking over Greenland? That question became a major international issue again in September 2026 after President Donald Trump announced a new security agreement involving Washington, Copenhagen and Nuuk. But the agreement that was actually signed is different from a transfer of sovereignty. On September 18, Trump described the emerging arrangement as giving the United States permanent control over security and other needs in Greenland. Denmark and Greenland presented it differently, emphasizing that the framework strengthens Arctic and North Atlantic security while recognizing the sovereignty and territorial integrity of the Kingdom of Denmark and the Greenlandic people's right to self-determination. The agreement was signed in New York on September 22. The full text is now public, which makes it possible to look beyond political descriptions and examine what the document actually changes. The Deal Is About Defense Access, Not a Transfer of Territory The most im...

The U.S.-Iran confrontation has entered a more dangerous economic phase just as President Donald Trump is unveiling a far-reaching oil agreement with Venezuela, creating two separate but increasingly connected strategic shocks for global energy markets. On August 31, U.S. forces struck Iranian military positions on Larak Island, according to Washington, after accusing Iran of attempting to lay mines near the Strait of Hormuz. Iran then launched missiles at two U.S. bases in Jordan, marking the first direct exchange of attacks between the two sides in about a month. President Trump subsequently warned that the United States would respond forcefully if Iran continued attacking American interests. (Reuters) At almost the same time, the White House released detailed terms of a major Venezuela oil agreement that it says gives the United States significant control and purchasing rights connected to more than 65 billion barrels of Venezuelan proven reserves. The administration says the arrang...