Overview

• The presidents are scheduled to speak Friday in their second call since January and third this year, with Trump telling Fox News the talks are "close to an agreement."
• The agenda couples tariff negotiations with efforts to reorganize TikTok’s ownership in the United States, according to official accounts.
• Trump has repeatedly extended the sale deadline for ByteDance and said he hopes to "close something" regarding the app’s U.S. future.
• TikTok has about 170 million users in the United States, highlighting the political and economic stakes of any outcome.
• Some commentary and reporting describe potential structures such as a U.S.-led majority stake and a government board seat, which remain unconfirmed.