New Delhi, April 19 -- US President Donald Trump signaled progress in the ongoing trade war with China, revealing that talks are moving in a positive direction, speaking to reporters at the White House on Friday (April 18).

"By the way, we have nice conversations going with China . It's, like, really very good," Trump said, though he did not provide further details, according to Reuters.

For the first time, Trump confirmed that both US and Chinese teams are in discussions over tariffs. He expressed optimism that a deal could be finalised soon.

"I believe we're going to have a deal with China. And if we don't, we're going to have a deal anyway because we're going to set a certain target and that's going to be it," Trump said.

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