U.S. President Donald Trump received a royal welcome in Japan on Monday during his five-day Asia tour, which he hopes will end with a trade truce agreement with Chinese President Xi Jinping.

“I’ve got a lot of respect for President Xi and I think we’re going to come away with a deal,”

Trump told reporters on Air Force One before landing in Tokyo.

Negotiators from Washington and Beijing agreed on a framework to pause higher U.S. tariffs and Chinese export controls on rare earth minerals, a development that boosted Asian markets.

In Tokyo, Trump met Emperor Naruhito at the Imperial Palace after a night tour of the city illuminated in U.S. colors. Security was tight following an arrest outside the U.S. embassy, and a protest was planned downtown.

Japan has pledged $550 billion in new investments in exchange for tariff relief. Prime Minister Sanae Takaichi is set to announce additional deals on U.S. imports and shipbuilding on Tuesday. During a weekend call, she told Trump that strengthening their alliance was her “top priority.”

Trump said he was eager to meet Takaichi, calling her “a close ally” of his late friend Shinzo Abe and adding:

“I think she’s going to be great.”

Talks will also cover defenCe cooperation, as Japan plans its largest military expansion since World War II. Trump has urged Tokyo to contribute more to its security amid China’s growing assertiveness.

Trump will travel to South Korea next to meet President Lee Jae Myung before a highly anticipated meeting with Xi, where both sides hope to ease trade tensions, though major breakthroughs are not expected.