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Early indications are that the Joe Biden administration will continue with the same failed approach to dealing with North Korea's nuclear weapon program that previous administrations have pursued. In this paper, the author argues that, instead of persisting in a doomed quest to denuclearize North Korea, the United States and its allies should adopt a "something-for-something" strategy that gradually establishes a framework for managing Pyongyang's nuclear capability in a way that improves stability and the chance for peace in East Asia.