The president of the United States warned here Tuesday that he will further raise tariffs on China unless a bilateral agreement is reached.

Donald Trump's remarks, made at a White House Cabinet meeting, come amid talks between Washington and Beijing aimed at finalizing and signing a so-called "phase one" trade deal and ratcheting down a nearly two-year trade war.

"If we don't make a deal with China, I'll just raise the tariffs even higher," Trump said. "China's going to have to make a deal that I like. If they don't, that's it. OK?"