President Trump on Monday blasted the “phony emoluments clause” while discussing his decision not to host the G-7 summit at his private golf club in Miami after all, claiming that he’s lost money on business deals during his presidency.

Trump attacked the clause in the US Constitution that prohibits public officials from profiting from foreign countries without permission from Congress.

“I don’t think you people, with this phony emoluments clause — and by the way, I would say that it’s cost anywhere from $2 billion to $5 billion to be president,” Trump told reporters at the White House.

Trump went on to defend his since-reversed call to host the G-7 at his Doral golf club — insisting that he would not have profited from it.

“Doral in Miami would have been the best place to hold the G-7, and free, but too much heat from the Do Nothing Radical Left Democrats & their Partner, the Fake News Media! I’m surprised that they allow me to give up my $400,000 Plus Presidential Salary! We’ll find someplace else!” Trump wrote on Twitter.

The president took heat from both sides of the aisle after the White House announced Thursday that Trump had chosen Doral for the annual summit of world leaders.