The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."

President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.

"The two sides have, in principle, reached a framework for implementing the consensus reached by the two heads of state during the phone call on June 5th and the consensus reached at the Geneva meeting," China's Vice Commerce Minister Li Chenggang said.