Progress was "not sufficient" to begin trade talks with the UK now but that "doesn't mean there is no progress at all", he said.
EU leaders will discuss the issue internally, paving the way for talks with the UK, possibly in December.
Theresa May said there was "some way to go" but she was "optimistic".
Speaking at the end of a two-day summit, Mr Tusk told reporters: "My impression is that the reports of the deadlock between the EU and the UK have been exaggerated."
Mr Tusk said he was not at odds with Mr Barnier, but his own role was to be a "positive motivator for the next five or six weeks".
He said he felt there was "goodwill" on both sides "and this is why I, maybe, in my rhetoric, I'm, maybe, a little bit more optimistic than Michel Barnier, but we are also in a different role".
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