Donald Trump 'major statement' on trade, countering North Korea threat

President Donald Trump speaks in the Diplomatic Reception Room of the White House. Photo / AP

Just back from Asia, President Donald Trump has resumed his morning tweeting routine - this time citing what he's calling a "successful" trip and slamming a regular media target.

President Donald Trump is delivered statement from the White House, following his lengthy tour of Asia.

President Donald Trump says the U.S. and China agree that a "freeze-for-freeze" agreement with North Korea is not acceptable.

Trump was referring to a proposal, backed by both China and Russia, whereby the North would freeze its nuclear program in exchange for the U.S. and South Korea stopping military drills.

Trump said that Chinese President Xi Jinping (shee jihn-peeng) recognizes that a nuclear North Korea is a "grave threat." He says, "We agreed that we would not accept a so-called freeze-for-freeze agreement like those that have consistently failed in the past."

China has not made a public disavowal of its past proposal.

Trump says the goal is to "denuclearize" North Korea.

He says time is running out and the U.S. has made clear "all options remain on the table."

President Donald Trump says he'll work "as fast as possible" to eliminate sizable trade deficits with U.S. trading partners.

Trump said Wednesday that a key goal of his just-concluded Asia trip was to insist on fair and reciprocal trade. He says it's "unacceptable" that the U.S. trade deficit with other nations stands at about US$800 billion a year.

Trump says, "We are going to start whittling that down as fast as possible." He did not say how he planned to achieve that goal.

Trump is recapping what he says are the successes of his nearly two-week trip to Japan, South Korea, China, Vietnam and the Philippines.

Trump called his trip to Asia "tremendously successful."

President Donald Trump says his trip to Asia showed that America's "standing in the world has never been stronger."

Trump is calling the trip "historic" and says the United States was treated with "incredible warmth, hospitality and most importantly respect."

Trump called his trip to Asia "tremendously successful."

President Donald Trump says his trip to Asia showed that America's "standing in the world has never been stronger."

Trump is calling the trip "historic" and says the United States was treated with "incredible warmth, hospitality and most importantly respect."

During his speech, President Donald Trump paused to take a swig of water - twice.

Trump took a brief break to reach for the water during a blow-by-blow account of his foreign travel as president.

Trump first reached into the lectern to seek water but couldn't find any. He then required a helping hand from others in the room to spot the bottle of water on a nearby table. He took another drink a few minutes later.

During the 2016 presidential campaign, Trump frequently mocked then-rival Florida Sen. Marco Rubio's frequent water breaks.

Trump said of Rubio during a 2015 appearance in South Carolina: "Rubio, I've never seen a young guy sweat that much."

Trump added: "He's drinking water, water, water, I never saw anything like this with him with the water."

Previously, the president previewed his comments before departing the Philippines, telling reporters he would make a "major statement" about trade and his work to counter the North Korean nuclear threat.

The president arrived in Washington after a nearly two-week trip to Japan, South Korea, China, Vietnam and the Philippines.

He says the United States is "respected again" in the Asia-Pacific region and he asserts that people "will see the fruits of our long but successful trip for many years to come!"

Trump also is back sparring at CNN, one of his favorite media targets.

The president says he was - in his word - "forced" to watch CNN during the trip and -as he puts it - "again realized how bad, and FAKE, it is."