This is an OZY Special Briefing, an extension of the Presidential Daily Brief. The Special Briefing tells you what you need to know about an important issue, individual or story that is making news. Each one serves up an interesting selection of facts, opinions, images and videos in order to catch you up and vault you ahead. WHAT TO KNOW What happened? Is this the beginning of a “terrific relationship”? That’s what U.S. President Donald Trump told reporters on Tuesday during his historic meeting with North Korean leader Kim Jong Un. The two men met in a carefully choreographed summit at a luxury Singapore resort that featured flags, red carpeting and a 13-second handshake before the cameras. The leaders signed a joint statement in which Kim “reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula” and Trump “committed to provide security guarantees” to North Korea. Trump also announced an unexpected U.S. concession: the suspension of joint military exercises with South Korea. Why does it matter? The summit was the culmination of a rocky courtship between two impulsive leaders hoping to strike an unprecedented deal to reduce tensions on a peninsula that has been divided since the Korean War. The statement signed by the two nations, however, was short on details, including timetables and enforcement mechanisms, and it is unclear how Trump will make sure that Kim lives up to denuclearization promises similar to those that North Korea has made, and broken, in the past. What’s more clear: the invisible third party at the bargaining table — China — may be the nation that benefits most from the rapprochement between the U.S. and North Korea. |