Recent diplomatic scheduling and official statements have elevated the likelihood that U.S. President Donald Trump, Russian President Vladimir Putin, and Chinese President Xi Jinping will appear together before 2027. The Asia-Pacific Economic Cooperation summit scheduled for November 18-19, 2026, in Shenzhen, China, stands as the clearest near-term venue, with both Putin and Trump signaling attendance and Kremlin aides confirming that a trilateral or sideline gathering was discussed at the recent Shanghai Cooperation Organisation summit. A substantive October 2026 telephone call between Trump and Putin explicitly referenced potential in-person talks on the APEC margins, while earlier 2026 bilateral summits between Trump and Xi, plus Putin and Xi, demonstrate active engagement among the three capitals. Traders appear to price these converging calendars and public expressions of interest as the dominant factor supporting the current implied probability.