Story summary
US President Donald Trump met with Chinese President Xi Jinping, where Xi pressed Trump to adopt Beijing's stance against Taiwan independence, which Taiwan rejected outright. Meanwhile, Taiwan is crucial for global tech and economy due to its leading semiconductor production; TSMC alone produces the majority of advanced chips that power smartphones, AI systems, and more. As Stanford Hoover fellow Eyck Freymann noted, economic disruption from a conflict over Taiwan would be severe.
In unrelated developments, Iranian President Masoud Pezeshkian met with US media at the UN General Assembly, where he denied Iran's nuclear ambitions while offering to dilute its enriched uranium and allow inspections under international law. He also blamed Washington for ongoing conflicts in the Middle East. The International Atomic Energy Agency (IAEA) estimates that Iran has over 440 kilograms of uranium enriched up to 60%, raising concerns despite Pezeshkian's denials.
Taiwan's representative, Ambassador Alexander Yui, clarified during an interview on CBS’s "Face the Nation" that while Taiwan was discussed between Trump and Xi, it wasn't a major focus. He emphasized there has been no change in US policy towards Taiwan amid recent tensions with China.
Written for “Taiwan Iran Us Relations Midterms” on 2026-10-05,
grounded in this article and the 386 other(s) covering the same event.
Iran awaits US move after WSJ report says Trump rejects peace plan
CAIRO/UNITED NATIONS, Sept 26 - Iran on Saturday awaited an official US response to its proposal to reopen the Strait of Hormuz and end fighting in the wider Middle East war after the Wall Street Journal reported that US President Donald Trump had rejected the deal.
asserted
Trump → await → deal
Iran raised the diplomatic initiative at the United Nations General Assembly in New York, saying it had been transmitted to the Americans via Qatari mediators and could reopen the strategic waterway and put an end to hostilities in the region within seven days.
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it → raise → days
The Iranians also engaged their Saudi rivals regarding the strait, underscoring the stakes of a seven-month-old conflict that has disrupted oil flows through one of the world's most critical shipping lanes and taken a toll on the global economy.
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that → engage → economy
Iranian Foreign Minister Abbas Araqchi told reporters at the United Nations on Friday the deal would trigger a seven-day countdown to reopening the strait and a pause in regional fighting.
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deal → tell → fighting
"If there is seriousness on the US side to come to a deal and reopen the Strait of Hormuz, everything is now prepared," Araqchi said.
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Araqchi → be → Hormuz
If the US were to agree, the warring parties could start wider talks "on mutually agreed subjects," Araqchi said.
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Araqchi → agree → subjects
That could potentially include discussions of Iran's nuclear program.
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That → include → program
Trump has vowed that Tehran will never acquire a nuclear bomb, while a senior Iranian official told Reuters that Iran will show no flexibility over its nuclear program even if the United States accepts its peace deal.
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States → vow → deal
Iran would grant no concessions over its rights, including enriching uranium or shipping its highly enriched uranium out of the country, the official said.
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official → grant → country
Even so, Iran had put forward a plan that would halt hostilities on all fronts, including Lebanon.
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that → put → Lebanon
The plan in turn would require the United States to lift its blockade on Iranian ports, release Iran’s frozen funds, and waive its oil sanctions, Araqchi said.
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Araqchi → require → sanctions
A US official, speaking on condition of anonymity, had previously called discussions through mediators "positive and constructive."
But Trump was privately skeptical that Iran would meet his demands, the Journal report said, and he told his staff that he sees a renewed bombing campaign as likely.
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he → speak → campaign
Reuters could not immediately confirm the Journal report.
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Reuters → confirm → report
Previous attempts at diplomacy have failed to end the war, which began on February 28 with US and Israeli attacks.
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which → fail → attacks
Since then the war has alternated between pauses and renewed strikes, killing thousands while degrading Iran's conventional forces and damaging Iran's already ailing economy.
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war → alternate → economy
Iran and its allies have retaliated by extending the conflict throughout the region.
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Iran → retaliate → region
Iran, which controls the strait along with Oman, has struck US allies in the Gulf with drones and missiles while its Houthi allies in Yemen have targeted Saudi interests.
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allies → control → interests
Iranian-aligned militias in Iraq were blamed for a pipeline attack that temporarily took more Saudi oil off the market.
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that → align → market
All the while, Iranian-backed Hezbollah has been engaged with Israeli forces in Lebanon.
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Hezbollah → back → Lebanon
Araqchi briefed his Saudi counterpart Prince Faisal bin Farhan on the understanding between Iran and Oman regarding safe shipping routes in the Strait of Hormuz, Iran's foreign ministry said early Saturday.
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ministry → brief → Hormuz
The war's widening toll has also united Saudi Arabia's allies to shore up the kingdom's defenses.
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toll → widen → defenses
The Saudi-backed, internationally recognized Yemeni government has come under assault from Iran-linked Houthi fighters, with Houthi missiles striking inside the kingdom.
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missiles → back → kingdom
Yemen's Saudi-led coalition said early Saturday it intercepted two drones launched by the Houthis towards the Saudi capital Riyadh in addition to intercepting a ballistic missile launched by the Houthis toward Khamis Mushait.
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it → lead → Mushait
The Houthis, who control the most populous parts of Yemen and much of the north, have launched attacks against Saudi Arabia since declaring a naval blockade against Riyadh in July, with strikes targeting Saudi vessels in the Red Sea.
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who → control → Sea
The attacks have targeted Saudi cities, energy infrastructure and shipping, adding to pressures on global oil supplies caused by the US-Israeli war on Iran and putting at risk the main alternative Red Sea route for Gulf exports while traffic through the Strait of Hormuz remains largely blocked.
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traffic → target → Hormuz
Defense officials of Turkey and Pakistan, both partners in a joint defense pact with Saudi Arabia, met in Riyadh on Friday to review the security situation and discuss intelligence cooperation, military coordination, and integrating forces, the Saudi defense ministry said in a statement.
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ministry → meet → statement
The statement came a day after Saudi, Pakistani and Turkish foreign ministers met within the framework of the Mecca Joint Defense Agreement.
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ministers → come → Agreement
The violence in Yemen has prompted a new humanitarian crisis, the United Nations children's agency said on Friday, reporting a rise in acute malnutrition among children.
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agency → prompt → children
The Aporia
