The Latest: Trump says won't allow US to be cheated on trade

The Latest on President Donald Trump's trip to Asia (all times local):

2 p.m.

President Donald Trump says he won't let the United States be "taken advantage of anymore" on trade and add that he'll always "put America first."

Trump is speaking Friday to a gathering of CEOs at the Asia-Pacific Economic Cooperation summit in Danang, Vietnam. He says: "we can no longer tolerate these chronic trade abuses and we will not tolerate them."

Trump says the U.S. will seek trade relationships that are rooted in the principles of fairness and reciprocity. He says the opposite has happened for "too long."

Trump says the United States has lowered market barriers but "other countries didn't open their markets to us."

He adds: "Simply put we have not been treated fairly by the World Trade Organization."

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1:30 p.m.

President Donald Trump says the whole world is being lifted by America's economic renewal.

Trump is telling a gathering of CEOs at the Asia-Pacific Economic Cooperation summit in Danang, Vietnam that a "new optimism" has swept across the United States since his election.

He's reciting statistics about economic growth, low unemployment and stock market highs.

Trump says he's had the pleasure of sharing the "good news from America" everywhere he's been on his first official visit to Asia.

Says Trump: "The whole world is lifted by America's renewal."