U.S. President Donald Trump is continuing his trip throughout Asia , meeting with South Korean President Lee Jae Myung in Gyeongju, a historic city that is hosting this year’s Asia-Pacific Economic Cooperation summit .

Trump secured $490 billion in investment commitments during his visit to Japan , but a trade deal with Korea appears more elusive.

Although both sides said progress has been made — Trump said things were “pretty much finalized” — no agreement has been signed yet. The framework includes gradual investments, cooperation on shipbuilding and the lowering of Trump’s tariffs on South Korea’s automobile exports, according to Kim Yong-beom, Lee’s chief of staff for policy. The White House did not immediately respond to a request for comment.

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