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Good morning.

Here’s what you need to know:

The Singapore meeting is over. Now what?

• “As skimpy as the summit meeting was extravagant.”

That’s how one of our White House correspondents described the joint statement that President Trump and Kim Jong-un signed after their talks in Singapore on Tuesday. It calls for the “complete denuclearization” of the Korean Peninsula, but provided neither a timeline nor details about how the North would give up its weapons. Read the joint statement here.

Mr. Trump made a concession, saying he would suspend joint military exercises on the Korean Peninsula, to the surprise of South Korea and the Pentagon. And “the simple act of talking” makes conflict far less likely, one of our Interpreter columnists notes in his 10 takeaways.