WHAT TO KNOW

* President Donald Trump said today the U.S. military has carried out its third fatal strike against an alleged drug-smuggling vessel this month. * Trump said that he made progress on several issues with Chinese leader Xi Jinping in a call this morning, including on the “approval of the TikTok deal,” and he said that he plans to visit Xi in China in 2026. * The Senate voted today to block dueling Republican and Democratic proposals to keep the federal government funded on a short-term basis, raising the chances of a shutdown at the end of the month. * Trump signed a proclamation this afternoon requiring companies to pay a $100,000 fee to obtain H-1B worker visas. The proclamation-signing is a win for immigration hardliners on Capitol Hill, but is likely to rankle tech exec

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