"As you know, our administration inherited many problems across government and across the economy. To be honest, I inherited a mess. It's a mess. At home and abroad, a mess," Trump said, speaking at his first solo news conference.
He said companies are leaving America and jobs are going to Mexico and other places.
"Jobs are pouring out of the country; you see what's going on with all of the companies leaving our country, going to Mexico and other places, low pay, low wages, mass instability overseas, no matter where you look. The middle East is a disaster. North Korea. We'll take care of it, folks. We're going to take care of it all," he said at the news conference.
Trump said on foreign affairs, his administration has already begun "enormously productive" talks with many foreign leaders, to move forward towards stability, security and peace in the most troubled regions of the world.
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"We have had great conversations with the UK, and meetings. Israel, Mexico, Japan, China and Canada, really, really productive conversations. I would say far more productive than you would understand," he said.
Accusing media of being dishonest to him, Trump said, "The press has become so dishonest that if we don't talk about it we are doing a tremendous disservice to the American people. Tremendous disservice. We have to talk about it. We have to find out what's going on because the press honestly is out of control."
He said the steps he has taken in the four weeks since he was sworn in "should surprise nobody, especially in the media."
"In other words...The media is trying to attack our administration because they know we are following through on pledges that we made, and they are not happy about it, for whatever reason," he said. "But a lot of people are happy about it."
"He's over there now working very hard to submit a plan for the defeat of ISIS, a group that celebrates the murder and torture of innocent people in large sections of the world. It used to be a small group, now it's in large sections of the world," said the US President.
Alleging that Iran is the "world's top sponsor of
terrorism", he said he has imposed new sanctions on the country, which has "totally taken advantage" of the previous administration.
Trump said he ran for President to present the citizens of his country.
"I am here to change the broken system so it serves their families and their communities well. I am really talking on this very entrenched power structure, and what we're doing is we're talking about the power structure; we're talking about its entrenchment," he said.
"As a result, the media is going through what they have to go through too often times distort - not all the time - and some of the media is fantastic, I have to say - they're honest and fantastic," Trump said.