Was the sale of the U.S. embassy in London a 'bad deal' done for peanuts?
By: ReutersJanuary 12, 2018
U.S. President Donald Trump canceled a trip to London scheduled for next month to open a new embassy, blaming Barack Obama for selling off the old one for “peanuts” in a bad deal.

The American flag was this month removed from the U.S. embassy in Grosvenor Square as part of the move to a location on the South Bank in a $1 billion construction project.


“Reason I cancelled 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. Bad deal. Wanted me to cut ribbon-NO!”

This article originally appeared on Reuters. Click here to read the full article on Reuters.

TagsEconomyPoliticsTop StoryTrumpU.S.White House
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