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Photo: SAUL LOEB/AFP/Getty Images

President Trump said early Thursday he failed to reach a deal with North Korea's leader Kim Jong-un because of a disagreement over sanctions, as talks abruptly wrapped up on the second day of their summit in Hanoi, Vietnam.

Why it matters: Trump said Kim pledged to dismantle the Yongbyon nuclear facility — not its entire nuclear program — if all sanctions imposed on the country were lifted first. "Sometimes you have to walk,” he said. Kim had a vision of denuclearization, that's "not exactly our vision, but it's a lot closer than it was a year ago."

  • Trump and Kim canceled a planned lunch after their morning talks and left in separate cars. Kim did not commit to holding another summit, Trump said, but he insisted the two leaders had a "good relationship."
  • Kim said of the denuclearization goal: “If I’m not willing to do that, I won’t be here right now.” Trump said the two leaders could have signed a deal Thursday. “But it’s better to do it right than do it fast,” he said.
  • Trump added: "Basically, they wanted the sanctions lifted in their entirety, and we couldn't do that."

Other big takeaways: Trump stressed earlier there was no rush to reach an agreement. "We just want to do the right deal,” he said.

  • Kim also said the idea of the U.S. having an office in North Korea's capital Pyongyang was “welcome-able”.
  • Asked if Trump was discussing North Korea's human rights record with Kim, the president replied: "We're discussing everything."

Go deeper

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Ipsos poll: COVID trick-or-treat

Data: Axios/Ipsos poll; Note ±3.3% margin of error for the total sample size; Chart: Andrew Witherspoon/Axios

About half of Americans are worried that trick-or-treating will spread coronavirus in their communities, according to this week's installment of the Axios/Ipsos Coronavirus Index.

Why it matters: This may seem like more evidence that the pandemic is curbing our nation's cherished pastimes. But a closer look reveals something more nuanced about Americans' increased acceptance for risk around activities in which they want to participate.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: The good and bad news about antibody therapies — Fauci: Hotspots have materialized across "the entire country."
  2. World: Belgium imposes lockdown, citing "health emergency" due to influx of cases.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Education: Surge threatens to shut classrooms down again.
  5. Technology: The pandemic isn't slowing tech.
  6. Travel: CDC replaces COVID-19 cruise ban with less restrictive "conditional sailing order."
  7. Sports: High school football's pandemic struggles.
  8. 🎧Podcast: The vaccine race turns toward nationalism.
Dan Primack, author of Pro Rata
Updated 10 hours ago - Economy & Business

Dunkin' Brands agrees to $11B Inspire Brands sale

Photo: Alexi Rosenfeld/Getty Images

Dunkin' Brands, operator of both Dunkin' Donuts and Baskin-Robbins, agreed on Friday to be taken private for nearly $11.3 billion, including debt, by Inspire Brands, a restaurant platform sponsored by private equity firm Roark Capital.

Why it matters: Buying Dunkin’ will more than double Inspire’s footprint, making it one of the biggest restaurant deals in the past 10 years. This could ultimately set up an IPO for Inspire, which already owns Arby's, Jimmy John's and Buffalo Wild Wings.