Photo: Fred Dufour/AFP/Getty Images

The #2 story on the WashPost's homepage argues that based on the joint U.S.-China statement released Saturday, "China looks as if it's winning President Trump's trade skirmish — so far."

Be smart: Axios' Jonathan Swan analyzes the Trump administration's weekend trade moves on China in a pithy tweet, "The bark to bite ratio is currently about 85:1."

Here's the case by WaPo's economics correspondent Heather Long:

  • "Notice China didn't agree to a specific amount."
  • The statement was "brief and lackluster" on intellectual property theft.
  • Fox Business host Lou Dobbs: “Chinese say 'no deal.'"
  • "China's 'concessions' are things it planned to do anyway."
  • "The United States agreed to suspend tariffs."
  • "Zero curbs on China's high-tech plans."

"Trump’s tough-guy persona is taking a beating from China," says a story at the top of the Post's print front page, by David J. Lynch:

  • "The former business executive, who prides himself on his negotiating savvy, is facing criticism for bending to the Chinese government, ... alarming longtime supporters who had welcomed his call for a more confrontational approach to Beijing."
  • "Administration officials ... scrambled to cast the Chinese talks as a victory, while some staunch Trump supporters questioned whether Trump had blinked in the first major confrontation with China."

Go deeper: Swan examined this weekend announcements in-depth last night.

Go deeper

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 4:30 p.m. ET: 12,128,406 — Total deaths: 551,552 — Total recoveries — 6,650,675Map.
  2. U.S.: Total confirmed cases as of 4:30 p.m. ET: 3,088,913 — Total deaths: 132,934 — Total recoveries: 953,420 — Total tested: 36,979,745Map.
  3. Public health: More young people are spreading the virus Cases rise in 33 statesFlorida reports highest single-day death toll since pandemic began.
  4. Science: World Health Organization acknowledges airborne transmission of coronavirus.
  5. 1 🐂 thing: How the world could monitor for potential pandemic animal viruses.
2 hours ago - Podcasts

Inside Joe Biden's economic plan

Joe Biden on Thursday returned to his hometown of Scranton, Pennsylvania, to give his first major speech on economic policy since becoming the Democratic Party’s presumptive presidential nominee.

Axios Re:Cap digs into Biden's plans, how they developed and how they may change, with former U.S. Commerce secretary and campaign surrogate Penny Pritzker.

2 hours ago - World

Countries grapple with whether to lock back down as hotspots emerge

Tokyo in the time of coronavirus. Photo: Charly Triballeau/AFP via Getty

Many politicians and public health officials sounded a similar lockdown refrain in the spring: let’s do this right so we only have to do it once.

Reality check: While some countries have thus far managed to keep cases under control after opening up, dozens of countries that had initially turned a corner are now seeing a worrying rebound. They have to decide if and how to return to lockdown — and whether their populations will stand for it.