China's President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on Nov. 9, 2017.

President Donald Trump on Friday said that a long-negotiated trade deal with China is "potentially very close" following reports that an agreement might not be reached until next year.

Trump was speaking on one of his favorite television programs, "Fox and Friends," the morning after House Democrats wrapped up a second week of public impeachment hearings.

"The bottom line is, we have a very good chance to make a deal," Trump said.

But while both sides say they want to work out an agreement, Trump told Fox he is "not anxious" to hash one out, claiming that the U.S. benefits from tariffs on Chinese imports.

The so-called phase one deal with China has yet to be completed, even though Trump announced that the two economic superpowers had come to a "very substantial phase one deal" more than a month earlier.

Chinese President Xi Jinping said Friday that Beijing wants a deal "on the basis of mutual respect and equality."

Trump shot back on Fox that "I didn't like his word 'equality,'" adding "this can't be like an even deal."