A “bad deal” between Obama and Qatar Forces Trump to cancel his trip to London

US President Donald Trump has canceled a trip to the new US embassy in London because of a "bad" deal between Obama and Qatar. 

CNBC channel reported in this context that Trump confirmed that he was "not an enamored" with the new embassy building. 

In a tweet on his account, Trump said: “ 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!”

 According to the report, the Grosvenor Square building, the old embassy, located in the center of London was sold in 2009 - during Obama's term to the Qatari Diar Company, a subsidiary of Qatar's sovereign wealth fund, for an estimated 500 million pounds ($ 677 million).

Built in 1957, this building is one of the first works of architect Yero Sarinen, which was listed in English heritage facilities in 2009. 

US Secretary of State Rex Tilerson is expected to cut the ribbon of the new embassy, the Guardian reported.