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Mark Esper. Photo: Jung Yeon-je/pool/AFP via Getty Images

Defense Secretary Mark Esper announced Sunday that the U.S. and South Korea have canceled an annual joint military exercise as an "act of goodwill" in order to “keep the door open” for talks to eliminate North Korea’s nuclear weapons, according to the Associated Press.

The big picture: The U.S. and its regional allies have been trying to coax North Korea back to negotiations to eliminate its nuclear weapons and missiles since talks stalled earlier this year.

What they're saying: Esper said canceling the exercise was not a concession to North Korea but rather "a good-faith effort ... to facilitate a political agreement — a deal, if you will — that leads to the denuclearization of the Korean peninsula," according to AP.

  • After Esper's announcement, North Korea's Foreign Ministry said the country has no plans to negotiate its nuclear programs unless the U.S. offers to withdraw its “hostile” policies against Pyongyang.

Of note: In the buildup to the U.S.-South Korea military exercise, North Korea stationed military aircraft at Wonsan International Airport, leading experts to believe that it was preparing a countermilitary exercise, NPR reports.

Go deeper:

Go deeper

Mike Allen, author of AM
1 hour ago - Politics & Policy

First look: Anita Dunn advises Dems on economy message for '22

Signs from a President Biden event yesterday in Kansas City, Mo. Photo: Chase Castor/Bloomberg via Getty Images

In a midterm preview, top Democratic strategist Anita Dunn advises the party's House and Senate members to frame Republicans "as being against the economic interests of working Americans."

What she's saying: "Explicitly framing Republicans as opposing policies to lower costs does better than simply framing Republicans as the 'party of no,'" Dunn, White House senior adviser until August, writes in the memo.

JPMorgan: "Full global recovery" in 2022

Photo: Erik McGregor/LightRocket via Getty Images

JPMorgan Chase Global Research says in a forecast to clients: "2022 will be the year of a full global recovery, an end of the global pandemic, and a return to normal conditions we had prior to the COVID-19 outbreak."

The big picture: The bullish report sees "a return of global mobility, and a release of pent-up demand from consumers (e.g. travel, services)."

Inside Trump's hunt for "disloyal" Republicans

Illustration: Aïda Amer/Axios

Donald Trump and his associates are systematically reshaping the Republican Party, working to install hand-picked loyalists across federal and state governments and destroy those he feels have been disloyal, sources close to the former president tell Axios.

Why it matters: If most or all of Trump’s candidates win, he will go into the 2024 election cycle with far more people willing to do his bidding who run the elections in key states.