“The deal was structured so that China’s actual purchases would not have been counted until after the November election. COVID-19, however, has brought forward the moment of reckoning: Trump’s deal is certifiably dead, because there is no way for China to come anywhere near reaching its commitments.” In Foreign Policy, the excellent Jason Bordoff explains the math that proves America’s China Trade Deal Is as Dead as Can Be.

+ Meanwhile, the protests are back in Hong Kong. And so is the tear gas.