U.S. President Donald Trump said the prospects for a deal with China are better now than at any time since negotiations began last year, even as a top state-media editor in Beijing questioned his version of events.

Speaking at the Group of Seven meetings in Biarritz, France, Trump said last night China called "our trade people and said let's get back to the table." He also lauded President Xi Jinping as a "great leader" and said "anything's possible" when asked if he would delay tariff increases on China.

"You can say we're having very meaningful talks, much more meaningful than I would say at any time frankly," Trump said while meeting with German Chancellor Angela Merkel on Monday. "Maybe I'm wrong but we're in a stronger position now to do a deal, a fair deal for everyone," he added.