macOS Catalina 10.15.5. xCode 11.6, xCode 12 beta 4. Objective-c app with 7 cocoapods. The app runs fine in xCode 11 and in xCode 12 on device. It fails to compile in xCode 12 simulator with Lexical or Preprocessor issue on the first cocoapod it encounters. If I eliminate that one it fails on the next. I've tried the standard steps - clean build folder, restart xCode, delete pod files and reinstall, pod repo update, clean derived data, etc. This was also an issue in beta 3.
Any ideas?