US President Donald Trump on Saturday said progress was being made towards a trade deal with China, and denied he would consider canceling tariffs on Chinese products.
"Things are going very well with China on trade," Trump told reporters.
He said he saw some "false reports" that US tariffs on Chinese products would be canceled, he said.
"If we conclude an agreement, we certainly will not have sanctions, and if we do not have an agreement we will have sanctions, we have already had a very exceptional number of meetings and there is very good possibility of concluding an agreement with China," he said.
On Friday, White House economic adviser Larry Cadlow said the trade talks between Beijing and Washington had made progress, but said nothing had been resolved so far.
"There is nothing on paper, there is no contract," he said, denying press reports suggesting an agreement.
Chinese Vice Premier Liu Hie is scheduled to visit the United States on January 30 and 31 for the next round of talks with Washington.
Liu's visit follows less-than-expected negotiations held in Beijing last week to try to resolve the bitter trade dispute between the world's two largest economies by March 2, a date set by the Trump administration to increase tariffs on Chinese goods worth 200 billion dollars.
The Trump administration has imposed duties on imported goods from China to pressure Beijing to respond to a long list of demands that may rewrite the terms of trade between the two countries.
The demands include changing China's policies on intellectual property protection, technology transfer and industrial support, as well as other trade restrictions.