Trump: Media would be 'very happy' if my presidency were extended

President Trump on Thursday chided the media by saying news outlets would be "very happy" if he got an "extension" on his presidency.

During a rally in Elkhart, Ind., Trump riffed on the opening of the new American embassy in Jerusalem. The president explained to the crowd how the building came to be, touting its cost and location compared to past new embassies.

"The new embassy, I said 'when is it going to be open.' They said 'anywhere from five to 10 years,' " Trump said.

"So, I said, 'unless they give me an extension for the presidency, which I don't think the fake news media would be too happy about," Trump continued.

"Actually they would be happy, because when I'm not here, their ratings are going to sink. So they'll probably be very happy," he added, before returning to the topic of the embassy.

The embassy is set to open on Monday. Trump will not attend the ceremony.

It was not clear if Trump was referring to getting reelected in 2020, or extending his presidency past a second term.

The president in March congratulated the Chinese Communist party for abolishing presidential term limits.

"I think it's great. Maybe we'll give that a shot someday," Trump joked.

Trump referred to reporters at his Thursday rally as the "fake news media" on multiple occasions. He has had an increasingly combative relationship with the media since he hit the campaign trail in 2015.

Earlier this week, the president took issue with the number of negative stories published about his administration. He floated the possibility of rescinding press credentials in response.

White House press secretary Sarah Huckabee Sanders said the administration is "committed to a free press," but did not explicitly rule out the president's suggestion.