Trump says U.S. will be 'taxing' China until trade deal is reached

President Donald Trump said on Thursday Chinese President Xi Jinping was not moving fast enough on reaching a trade agreement and that the United States would be "taxing" China until a deal is secured.

Trump, speaking to reporters, also said he was not concerned about a drop in the Dow Jones Industrial Average after he announced earlier on Thursday that the United States would slap additional tariffs on Chinese goods on Sept. 1.