"China called last night our top trade people and said, 'Let's get back to the table.' So we will be getting back to the table, and I think they want to do something," President Donald Trump said.
President Trump says China has reached out to the U.S. about restarting trade talks between the two countries.
The president made those comments on the sidelines of the Group of Seven summit in France Monday. He told reporters China understands "this is the right thing to do," and he predicted both sides are "going to make a deal."
This is quite the turnaround, considering how much the ongoing trade war between the U.S. and China has escalated during the past few days.
On Friday, President Trump announced plans to increase tariff rates on Chinese goods, just hours after China placed retaliatory tariffs on $75 billion worth of U.S. imports.
The president lashed out at President Xi Jinping on Twitter, and China vowed to continue fighting the trade war "until the end."
Earlier Monday, Chinese Vice Premier Liu He reportedly told a tech conference China's government is willing to resolve the trade war through calm negotiations.
Additional reporting from Newsy affiliate CNN.