Kim Jong-un and Moon Jae-in. Photo: Inter Korean Press Corp/NurPhoto via Getty Images

A face-to-face meeting between North Korea’s Kim Jong-un and South Korea’s Moon Jae-in has been the centerpiece of a process in which the countries have exchanged concessions and promises in order to lay the ground work for a potential peace deal.

The big picture: Diplomacy with North Korea has failed several times before, and we're a long way from any denuclearization deal. But from stopping propaganda broadcasts to getting on to the same time zone, concrete steps have already been taken.

What's happening:

Before the inter-Korean summit:

  • South Korea stopped its broadcasting of propaganda critical of North Korea at their shared border [BBC].
  • North Korea announced a freeze on nuclear and missile tests [Axios].

After the summit:

  • North Korea announced it will switch its time zone by half an hour to get back on South Korean time, which it was on prior to 2015 [Japan Times].
  • The Koreas set up a joint permanent liaison office in the North’s border city, Kaesong, to prevent miscommunication. Kim has agreed to Moon’s proposal that they set up liaison offices in Pyongyang and Seoul as well [Yonhap].
  • North Korea has reportedly released three American detainees [Axios].

What to watch: Kim says the biggest pledge of all, denuclearization, is on the table. But that won't come without concessions from the U.S. in return. The U.S., meanwhile, will push for a way to verify he's keeping his word.

Go deeper: What it's like to negotiate with North Korea.

Go deeper

Dan Primack, author of Pro Rata
23 mins ago - Politics & Policy

Judge temporarily blocks Trump's TikTok ban

Illustration: Sarah Grillo/Axios

A federal court judge on Sunday granted TikTok's request for a temporary restraining order against a ban by the Trump administration.

Why it matters: Americans will be able to continue downloading one of the country's most popular social media and entertainment apps — at least for now.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 32,949,407 — Total deaths: 995,658 — Total recoveries: 22,787,799Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 7,107,673 — Total deaths: 204,738 — Total recoveries: 2,750,459 — Total tests: 101,298,794Map.
  3. States: 3 states set single-day coronavirus case records last week — New York daily cases top 1,000 for first time since June.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.

NYT: Trump paid $750 in federal income taxes in 2016 and 2017

Photo: Chip Somodevilla/Getty Images

The New York Times has obtained more than two decades' worth of tax-return data from Trump and the companies that make up his business, writing in an explosive report that the documents "tell a story fundamentally different from the one [the president] has sold to the American public."

Why it matters: The Times' bombshell report, published less than seven weeks before the presidential election, lays bare much of the financial information Trump has long sought to keep secret — including allegations that he paid $750 in federal income taxes in 2016 and 2017, and has over $300 million in personal debt obligations coming due in the next four years.

Get Axios AM in your inbox

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

Please enter a valid email.

Subscription failed
Thank you for subscribing!