The President tweeted: "We will no longer consider the National Doral of Trump, Miami, hosted by the G7 in 2020. We will immediately start looking for another site, including the possibility of Camp David."
In another tweet, Trump said, "I thought I was doing something very good for our country, using Trump National Doral, in Miami, to host G7 leaders."
The administration claims that the event will be run "at a price" or without profit from Trump's national ownership because of the Constitution's remuneration clause, which largely prohibits the president from accepting gifts and money from foreign governments.
But it is not clear simply to avoid profit woul d do not allow the administration to comply with the remuneration clause.
Cabinet Chairman Nancy Pelosi said on CNN on Friday that the G7's detention of Trump's property was "completely undisputed".
Several of Trump's most persistent defenders on Capitol Hill have said they are not concerned. GOP reporter Jim Jordan told CNN that "the American people are much more concerned not with where to go, but with what happens at the event."
But some members of the president's party suggested otherwise. Republican Rep. Adam Kinzinger of Illinois said he was "not happy about it.
"I read the retaliation clause again yesterday," Kinzinger said on Friday, "and she talks about titles and nobility and all that. I do not know if this is a direct violation, but I do not understand why at this point they had to do it. "
This story has been updated.