Larry Kudlow, the director of the National Economic Council, said President Donald Trump has 'not been satisfied' with the trade talks with China and confirmed the administration was readying additional tariffs.
The Dow Jones industrial average fell following Kudlow's comments.
He spoke with CNBC's Becky Quick on Monday at the Economic Club of New York.
On Sept. 7, Kudlow lauded President Donald Trump's economic policies, noting the strong wage growth seen in August is a byproduct of those measures. Average hourly earnings rose 2.9 percent last month, marking the biggest gain since April 2009.
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