President Donald Trump has reversed the White House’s plan to host the 2020 G-7 Summit at his resort in Florida that he said would be “zero cost to the USA,” blaming “the Hostile Media & their Democrat Partners” for the decision.

“Based on both Media & Democrat Crazed and Irrational Hostility, we will no longer consider Trump National Doral, Miami, as the Host Site for the G-7 in 2020,” the president announced in a tweet late Saturday, Oct. 19.

He said his administration “will begin the search for another site, including the possibility of Camp David, immediately.”

President Trump announced the reversal after Democrats and some liberal media have criticized the president for exploiting his presidency for personal profit.

But in a tweet earlier on Saturday, the president fired back at the criticism, saying the administration’s decision to choose his resort would be “very good” for the country.

The president described Trump National Doral as an ideal venue to host the G-7 leaders.

“It is big, grand, on hundreds of acres, next to MIAMI INTERNATIONAL AIRPORT, has tremendous ballrooms & meeting rooms, and each delegation would have its own 50 to 70 unit building,” he said, adding that it “would set up better than other alternatives.”

“I announced that I would be willing to do it at NO PROFIT or, if legally permissible, at ZERO COST to the USA,” President Trump wrote. “But, as usual, the Hostile Media & their Democrat Partners went CRAZY!”

According to Washington Examiner, the White House earlier on Saturday also defended its decision to use the president’s Florida resort to host the international leaders, saying it was a “significantly cheaper option for taxpayers and our foreign guests.” The administration added that the summit would be held “at cost,” meaning without profit.

After Acting White House Chief of Staff Mick Mulvaney announced the venue for the G-7 summit on Thursday, Democrats have condemned the move as “corruption, plain and simple.” They even introduced Trump’s Heist Undermines the G-7 (THUG) Act on Friday in an attempt to block federal funding for the G-7 Summit at the president’s resort.