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"It's going very well," trump told reporters when asked about the talks. Earlier this week, however, trump upset global markets by saying it might not reach an agreement until after the 2020 election.
Earlier, Chinese officials reiterated their position that to reach a first stage agreement, the United States must lift some tariffs.
A spokesman for the Ministry of Commerce Gao Feng said Thursday that China believes that tariffs should be reduced if China and the United States reach a first stage agreement; the economic and trade teams of the two sides have been in close communication, and no more details have been disclosed at present.
U.S. Treasury Secretary nouchin said the U.S. - China trade talks are in progress. Deputy representatives of the two countries spoke by phone on Wednesday night. At present, the two sides are actively trying to reach a trade agreement, but he added that there is no specific deadline for the U.S. side.
The first phase of the agreement between the world's two largest economies is initially expected to be completed in November, and the United States will begin a new round of tariffs on December 15, covering about $156 billion of goods imported from China.
Asked if he would allow the tariffs to take effect, trump said: "we will see, but now we are moving forward. We have not discussed this issue at present, but we are having a very important discussion. On December 15, something may happen, but we haven't discussed it yet. However, we had a very good discussion with China. "
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