Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

North Korea's Kim Jong-un and South Korea's Moon Jae, after signing their declaration at the Peace House. (Korea Summit Press Pool/Getty Images)

The two Koreas' "new era of peace" raises the bar for President Trump's summit with North Korea: He'll go in with credit and momentum, but now will want an even splashier accomplishment than yesterday's path to officially ending the Korean War.

Why it matters: "This Korea summit sets the baseline — no war — and puts it on DJT and the summit with [Kim Jong-un] to pry the weapons out of the [North Korean] leader's hands," says Victor Cha, Korea chair at the Center for Strategic and International Studies.

Cha, Trump's original choice to be ambassador to South Korea, told me the president "gets credit [for yesterday's denuclearization announcement] in the sense that the sanctions campaign has put enough pressure on the Kim regime to seek diplomacy as a way to relieve the pressure."

  • "DJT's threats of war over the past year probably motivated both Koreas to declare peace today."
  • "You can't fault the Koreans for wanting peace. They didn't ask to be divided in 1945 by the U.S. and Soviets at the start of the Cold War."
  • "But still, the key to this all being more than just nice-talk is whether the North really will abandon all nuclear weapons and programs."
  • "Not an easy task, but the President has set himself up for this truly monumental negotiation."

AP’s Pyongyang bureau chief, Eric Talmadge, writes that the Koreans' pledge to work together "could complicate matters for Trump, who has raised expectations of a deal with Kim to abandon his nuclear weapons." Trump's summit with Kim Jong-un is expected within weeks, at a location still being negotiated.

Subscribe to Axios AM/PM for a daily rundown of what's new and why it matters, directly from Mike Allen.
Please enter a valid email.
Please enter a valid email.
Server error. Please try a different email.
Subscribed! Look for Axios AM and PM in your inbox tomorrow or read the latest Axios AM now.

Go deeper

The week the Trump show ended

Data: NewsWhip; Chart: Andrew Witherspoon/Axios

Donald Trump was eclipsed in media attention last week by President Biden for the first time since Trump took office, according to viewership data on the internet, on social media and on cable news.

Why it matters: After Trump crowded out nearly every other news figure and topic for five years, momentum of the new administration took hold last week and the former president retreated, partly by choice and partly by being forced off the big platforms.

Pay TV's bleak post-pandemic outlook

Data: eMarketer; Chart: Axios Visuals

The pandemic has taken a huge toll on the Pay-TV industry, and with the near-term future of live sports in question, there are no signs of it getting better in 2021.

Why it matters: The fraught Pay-TV landscape is forcing some smaller, niche cable channels out of business altogether.

2 hours ago - World

Biden sets his sights on China

Photo illustration: Eniola Odetunde/Axios. Photo: Frederic J. Brown/Getty Images  

The new administration's first few moves and statements on China suggest that President Biden may continue some of the Trump era's most assertive policies.

Why it matters: China's severe domestic repression, its dramatic rise as a technological superpower, and its increasingly aggressive actions around the globe mean that the world expects the American president to take action.