President Donald Trump and Malaysia’s Prime Minister Anwar Ibrahim signed a trade agreement and critical minerals pact Sunday, as the US leader looked to boost trade across Southeast Asia and respond to China’s tightening of access to rare earths.

Trump has spent the day in Japan meeting newly appointed prime minister Sanae Takaichi and speaking to US troops aboard an aircraft carrier.

Korean officials say putting up cash could destabilise their own economy and they’d rather offer loans and loan guarantees instead.