U.S. President Donald Trump said Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the two countries' differences but warning that he still may impose more tariffs on Chinese goods.

Trump, speaking to reporters in Washington just two hours after his top economic adviser expressed caution about U.S.-China trade relations, said: "China very much wants to make a deal."

"We've had a very good discussions with China, we're getting much closer to doing something," Trump said before departing the White House for a campaign event.