U.S. President Donald Trump landed in South Korea on Wednesday for the final leg of his Asia trip, optimistic about striking a trade-war truce with Chinese President Xi Jinping after summit talks with South Korea¡¯s Lee Jae Myung.

Arriving from Tokyo hours after North Korea test-fired a nuclear-capable cruise missile, Trump is due to address a summit of CEOs and meet with Lee in Gyeongju, a sleepy South Korean town filled with historic tombs and palaces.

The main item on Wednesday¡¯s agenda will be the unresolved trade agreement between the U.S. and South Korea, before an expected meeting with Xi on Thursday, the prospect of which has already buoyed global markets.