"We want fairness", the president said.
Trump's first mention of changing libel laws after his inauguration came in March of a year ago and was in response to general negative coverage by the Times.
On Tuesday, Trump met with lawmakers from both parties at the White House in front of the press for an extended period of time in which he appeared to agree on building a border wall, ending chain migration and the visa lottery system.
It's not a new proposal for the president, who suggested stronger libel laws during his campaign for president as he pushed back against unfavorable stories.
"We are going to take a strong look at our country's libel laws, so that when somebody says something that is false and defamatory about someone, that person will have meaningful recourse in our courts", said Trump.
At the beginning of a White House meeting with Cabinet members at which reporters were present, Trump said USA libel laws are "a sham and a disgrace". The justices wrote that limitations on libel laws reflect our "profound national commitment to the principle that debate on public issues should be uninhibited, robust, and wide‐open, and that it may well include vehement, caustic, and sometimes unpleasantly sharp attacks on government and public officials".
Trump said he wants "fairness".
Trump has a long litigious history in the business world, and that instinct came through last week when excerpts from Wolff's book first came out.
Mr. Harder's letter demanded that the publisher, Henry Holt and Company, withdraw the book from stores and apologize; the publisher responded by moving up the book's release date and increasing its first print run to one million copies, from 150,000.
Mr. Cohen also filed a separate suit in federal court against Fusion GPS, the research firm that prepared the dossier. He also lashed out at America's "broken" court system after a federal judge temporarily blocked his plan to revoke protection for undocumented immigrants who entered the US illegally as children.