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President Donald Trump confirmed late Thursday that he canceled a trip to London next month to help open the new U.S. Embassy there, saying he did not support the project and that former President Barack Obama crafted a “bad deal” to see it built.

“Reason I canceled my trip to London is that I am not a big fan of the Obama Administration having sold perhaps the best located and finest embassy in London for “peanuts,” only to build a new one in an off location for 1.2 billion dollars,” Trump tweeted, before continuing: “Bad deal. Wanted me to cut ribbon-NO!”