2026 ASF: Day 2 Recap

July 16, 2026

The 2026 Aspen Security Forum
July 14-17 | Aspen, CO

The 2026 Aspen Security Forum continued yesterday in Aspen! We are pleased to share some of the highlights from our second day below.

Tune in to today’s sessions by joining our livestream!

Day Two Highlights

Fireside Chat with Ambassador Jamieson Greer

Jamieson Greer
20th U.S. Trade Representative

Moderator
Anja Manuel
Executive Director, Aspen Strategy Group

“With manufacturing, it is this existential thing where we have lost an edge and we need to regain it. With services, we have an edge. We need to maintain it.”Jamieson Greer

U.S. Trade Representative Jamieson Greer discussed the Trump administration’s trade policy, covering tariffs, export controls, the need to diversify away from China, the focus on renewing American manufacturing, the recent USMCA negotiations, and more.

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Fireside Chat with John C. Phelan

John C. Phelan
79th Secretary of the Navy; Chairman, Rugger Management LLC

Moderator
Gordon Lubold
NBC

“We have one company that builds aircraft carriers. We have two companies that build submarines. We have one that builds destroyers…We need to act with much more urgency. Waiting for a war is a bad idea to get good at something, particularly when it comes to manufacturing.” —John C. Phelan

John C. Phelan reflected on his time as Secretary of the Navy, discussing the state of the U.S. industrial base, shipbuilding capacity, innovation in the defense sector, and more.

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Fueling the Future: Energy Markets, the Nuclear Option, and Critical Minerals

Fatih Birol
Executive Director, International Energy Agency

Meghan O’Sullivan
Director, Belfer Center for Science and International Affairs, Harvard University

Daniel Poneman
Former U.S. Deputy Secretary of Energy; Co-Chair, Nuclear Energy and National Security Coalition

Moderator
Mohammed Sergie
Semafor

“If you extract [critical minerals], it is nothing if you don’t refine them. China today accounts for 75% of the global refining capacity of critical minerals….My number one golden rule is diversification. And here we have a concentration that we have never seen before in history.” Fatih Birol

The recent shocks from the Strait of Hormuz closure has put energy security top of mind. The panelists discussed how the world has weathered this and how to prepare for future energy needs, warning that China’s grip on critical minerals refining represents a looming vulnerability far larger than Hormuz.

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Continental Drift? Europe in Transition

Belén Martínez Carbonell
Secretary-General, European External Action Service, European Union

Theo Francken
Minister of Defence and Foreign Trade, Belgium

Sviatlana Tsikhanouskaya
National Leader of Belarus and Head of the United Transitional Cabinet, Belarus

David van Weel
Minister of Justice and Security, The Netherlands

Moderator
Peter Spiegel
The Washington Post

“Stability cannot be bought by making concessions with dictators. It never works. Dictators cannot be appeased. Dictators cannot be reeducated. Dictators can only be fought, and Ukraine showed it very clearly.” Sviatlana Tsikhanouskaya

The speakers assessed the strength of the transatlantic relationship, including Europe’s increased defense investments, the lessons to be learned from the war in Ukraine, and more.

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The China Challenge

Nicholas Burns
Co-Chair, Aspen Strategy Group; Former U.S. Ambassador to China; Goodman Professor of the Practice of Diplomacy and International Relations, Harvard Kennedy School

Tarun Chhabra
Distinguished Visiting Fellow, Hoover Institution; Head of National Security, Anthropic

Elizabeth Economy
Hargrove Senior Fellow, Hoover Institution, Stanford University

Robert Thomson
CEO, News Corp

Moderator
Demetri Sevastopulo
Financial Times

“[In the first Trump administration] and the Biden administration, the competition was across all dimensions: political, economic, security, technology. This administration has taken off the table the political dimension….But I think in the technology and the economic and the security space, there is still a pretty fierce competitive spirit.” Elizabeth Economy

In this panel, the speakers explored the strategic competition between the U.S. and China, including U.S. support for Taiwan, the race for the lead in AI, the outcomes of the Trump-Xi meetings, and more.

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Western HemispHERE

Dominique Dupuy
Former Minister of Foreign Affairs, Religious Affairs and Haitians Living Abroad of Haiti; Former Permanent Delegate of Haiti, UNESCO

Leopoldo López
Co-Founder, World Liberty Congress; Venezuelan Freedom Activist

Albert Ramchand Ramdin
Secretary General, Organization of American States

Moderator
Marc Caputo
Axios

“[In Venezuela], it is a much better scenario than what we had before January 3rd. There is a lot of work to be done, and there is a lot of inclusion that I hope we have, not just from the United States, but also from the region, because the success of Venezuela will also be the success of the region.”Leopoldo López

This session examined the security of the Western Hemisphere, assessing sources of instability in the region and the path forward for Venezuela, Cuba, Haiti, and more.

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“What the Hell Is Going On?” Live Podcast

Stephen J. Hadley
20th U.S. National Security Advisor; Founding Principal, Rice, Hadley, Gates & Manuel LLC

Robert O’Brien
27th U.S. National Security Advisor; Chairman, American Global Strategies

Michèle Flournoy
Former Under Secretary of Defense for Policy; Co-Founder and Managing Partner, WestExec Advisors

Marc Thiessen
Co-Host, What the Hell Is Going On; Senior Fellow, American Enterprise Institute; Columnist, The Washington Post

“The regime [in Iran] isn’t going to change…We have to cut off their supply of money. And cutting off the supply of money will cut off their ballistic missile program. It’ll cut off their support to Hamas and Hezbollah and the Houthis. And it’ll end their nuclear program.” —Robert O’Brien

In this live taping of the “What the Hell Is Going On?” podcast, the panelists covered topics from Iran and Ukraine to NATO and Venezuela, rating the strengths and weaknesses in U.S. foreign policy.

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The Human Element of War: Military Service Across Generations
In Partnership with the Medal of Honor Museum

Colonel Jack Jacobs
Medal of Honor Recipient, National Medal of Honor Museum

Lieutenant Colonel Will Swenson
Medal of Honor Recipient, National Medal of Honor Museum

Joseph A. Dinkel
Strategic Advisor, Apandion

Moderator
Courtney Kube
NBC

“We recognize heroism as something that we do as a fighting force that helps propel us forward, and we develop this fighting capability and this fighting ethos in all of our service members from a very young age…We always like to make sure they understand that inside of each and every single one of our service members is the ability to do the same thing that we did.” Lieutenant Colonel Will Swenson

Two of the sixty-five living Medal of Honor recipients joined this panel to reflect on their personal experiences, the value of service, and the meaning of heroism.

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Duty Bound? Tackling Today’s Trade Challenges

Michael Froman
17th U.S. Trade Representative; President, Council on Foreign Relations

Robert Lighthizer
18th U.S. Trade Representative; Chairman, Department of War Defense Policy Board

Arrow Augerot
Head of International Policy, Americas, Amazon

Nicholas Redman
Chief Geopolitical Analyst, Dow Jones

Moderator
David Gura
Bloomberg

“The United States has two problems and they’re both existential. One is we have massive trade imbalances to the tune of probably a trillion, or I would say probably calculated at a trillion and a half even, dollars going out every year…And on the other hand we have an existential threat from a geopolitical adversary, which is China.” Robert Lighthizer

In this conversation, the panelists discussed the trade offs of trade policy, USMCA negotiations, American innovation and leadership, China’s economic strategy, and more.

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The New Security Imperative: Digital Resilience Through Integration

Nicholas Burns
Co-Chair, Aspen Strategy Group; Former U.S. Ambassador to China; Goodman Professor of the Practice of Diplomacy and International Relations, Harvard Kennedy School

Lisa Monaco
President, Microsoft Global Affairs

Wolfgang Schmidt
Former Federal Minister and Head of the Chancellery, Germany

Kaupo Rosin
Director General, Estonian Foreign Intelligence Service

Moderator
Edward Luce
Financial Times

“You’ve got a rising set of questions amongst governments, amongst citizens about what this technology means for safety, for jobs, for opportunity. All of that, I think, is converging in…a very common theme: a looking inward, a little bit of a retreat to some isolation and the question of sovereignty.” Lisa Monaco

In this discussion of digital security, the panelists covered the trend towards developing sovereign capabilities, digital trust, and the competition with China for the most cutting-edge technologies.

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The Weekly Leaf

Last week, the 2026 Aspen Security Forum brought together top national security voices, experts, business leaders, and innovators from across the political spectrum and around the globe. We were proud to host over 600 in-person attendees, including many from our Rising Leaders Program, which fosters the next generation of national security and foreign policy leaders. Additionally, thousands of virtual participants tuned into our programming from across the world. Thank you to all speakers, participants, and attendees!
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