(CNSNews.com) - President Donald Trump, speaking from the G-7 summit early Monday morning, said "China called last night," and told top U.S. trade negotiators, "let's get back to the table."
"So we'll be getting back to the table," Trump said.
Later, appearing at a different news conference with German Chancellor Angela Merkel, Trump noted that China has called for a "calm attitude" to "resolve the issue."
A reporter asked Trump if he thinks it's possible to reach a deal with China to either delay or cancel the latest round of tariff increases on Chinese products, announced by the White House on Friday:
"Well, I think anything's possible," Trump said at a joint news conference with Merkel:
I can say we're having very meaningful talks, much more meaningful than I would say at any time, frankly, and I think for the most part it's because we are doing very well.
China is a great country. I consider president Xi to be a great leader...and he’s a great leader, and look, they are losing millions and millions of jobs, they're going to other countries, and if I were them I'd want to make a deal.
But in the meantime, the United States is taking in tremendous amounts of dollars, you know, billions and billions of dollars. And frankly there's been no inflation and most of these products haven't even gone up because China has been able to manipulate and also able to put cash into the system where the product can stay at same price. Otherwise it wouldn't be a competitive product and they wouldn't be able to sell it and they'd lose jobs.
But they lost a lot of jobs and they want to see a sensible solution, so it's a really good chance. I think we're probably in a much better position now than at any time during the negotiation to have something meaningful. And I don't think we could have gotten here without having to go through this process. And maybe I'm wrong, but I think we're probably in a stronger position now to do a deal -- a fair deal for everybody, and so we're having very meaningful talks.
Reuters on Monday quoted China's Vice Premier Liu He as saying: "We are willing to resolve the issue through consultations and cooperation in a calm attitude and resolutely oppose the escalation of the trade war. We believe that the escalation of the trade war is not beneficial for China, the United States, nor to the interests of the people of the world."
Following that report, Trump tweeted from Europe: "Great respect for the fact that President Xi & his Representatives want “calm resolution.” So impressed that they are willing to come out & state the facts so accurately. This is why he is a great leader & representing a great country. Talks are continuing!"