U.S. President Donald Trump speaks as he meets Egypt's President Abdel-Fattah el-Sisi (not pictured) for bilateral talks during the G7 summit in Biarritz, France, August 26, 2019. REUTERS/Carlos Barria

BIARRITZ, France (Reuters) - U.S. President Donald Trump said on Monday that trade negotiations with China were in a much better position than at any time and, asked if he could delay planned tariffs on Chinese goods, replied: “Anything is possible”.

Earlier on the sidelines of a G7 summit in France, Trump said he believed China wanted to make a trade deal after it contacted U.S. trade officials overnight to say it wanted to return to the negotiating table.

“Anything is possible. I can say we are having very meaningful talks, much more meaningful I would say than any time frankly. For the most part it is because we are doing very well,” he said.

“China is a great country ... They are losing millions and millions of jobs which are going to other countries. If I were them I would want to make a deal.”

“I think we are probably in a much better place now than at any time in the negotiation. I don’t think we could have gotten here without going through this process. I think we are in a stronger position to do a deal. A fair deal for everyone.”