Live on Bloomberg TV

00:00That is some group of people thousands so nice. Thank you very much. It's really nice. Thank you . It's great to be at Trump Tower. It's great to be in a wonderful city New York. And it's an honor to have everybody here. This is beyond anybody's expectations there's been no crowd like this and I can tell you some of the candidates they went in they didn't know the air conditioner didn't work they sweated like dogs they didn't know the room was too big because they didn't have anybody there. How are they going to beat ISIS . I don't think it's going to happen. Our country is in serious trouble. We don't have victories anymore. We used to have victories but we don't have them. When was the last time anybody saw us beating let's say China in a trade deal they kill us. I beat China all the time all the time . When did we beat Japan at anything . They send their cars over by the millions. And what do we do . When was the last time you saw a Chevrolet in Tokyo. It doesn't exist folks. They beat us all the time when do we beat Mexico at the border. They're laughing at us at our stupidity. And now they're beating us economically. They are not our friend. Believe me. But they're killing us economically the U.S. has become a dumping ground for everybody else's problems . It's true . And these are the best and the finest. When Mexico sends its people they're not sending their best. They're not sending you . They're not sending you. They're sending people that have lots of problems and they're bringing those problems with us . They're bringing drugs they're bringing crime they're rapists and some I assume are good people. But I speak to border guards and they tell us what we're getting and it only makes common sense. It only makes common sense. They're sending us not the right people it's coming from more than Mexico . It's coming from all over South and Latin America and it's coming probably probably from the Middle East. But we don't know because we have no protection and we have no competence . We don't know what's happening and it's got to stop and it's got to stop fast Islamic terrorism is eating up large portions of the Middle East . They'd become rich I'm in competition with them. They just built a hotel in Syria . Can you believe this. They built a hotel . When I have to build a hotel I pay interest. They don't have to pay interest because they took the oil. That when we left Iraq I said we should have taken. So now ISIS has the oil and what they don't have. Iran has and a 19 and I will tell you this. And I said it very strongly . Years ago I said and I love the military. And I want to have the strongest military that we've ever had. And we need it more now than ever. But I said don't hit Iraq because you're going to totally destabilize the Middle East. Iran is going to take over the Middle East Iran and somebody else will get the oil and it turned out that Iran is now taking over Iraq. Think of it Iran is taking over Iraq and they're taking it over Big Lake. We spent two trillion dollars in Iraq 2 trillion we lost thousands of lives thousands in Iraq. We have wounded soldiers who I love. I love that great all over the place . Thousands and thousands of wounded soldiers. And we have nothing. We can't even go there. We have nothing. And every time we give Iraq equipment the first time a bullet goes off in the air. They leave it. Last week I read two thousand three hundred Humvees these are big vehicles were left behind for the enemy to thousandth. You would say maybe two maybe four. Two thousand three hundred sophisticated vehicles they ran and the enemy took them Yeah right . Last quarter it was just announced our gross domestic product a sign of strength right. But not for us. It was below zero . Whoever heard of this it's never below zero . Our labor participation rate was the worst since 1978 but think of a GDP below zero. Horrible labor participation rate and our real unemployment is anywhere from 18 to 20 percent . Don't believe the five point six. Don't believe it. That's right a lot of people up there can't get jobs they can't get jobs because there are no jobs because China has jobs and Mexico has our jobs. They all have jobs but the real number the real number is anywhere from 18 to 19 and maybe even 21 percent. And nobody talks about it because it's a statistic that's full of nonsense our enemies are getting stronger and stronger by the day. And we as a country are getting weaker . Even our nuclear arsenal doesn't work. It came out recently . They have equipment that's 30 years old. They don't even know if it worked. And I thought it was horrible when it was broadcast on television because boy does that send signals to Putin and all of the other people that look at us and they say that is a group of people. And that is a nation that truly has no clue. They don't know what they are doing. They don't know what they're doing . We have a disaster called the big lie Obamacare Obamacare yesterday came out that costs are going from people up twenty nine thirty nine forty nine and even fifty five percent and deductibles are through the roof. You have to get hit by a tractor literally a tractor to use it because the deductibles are so high it's virtually useless. It is a disaster. And remember the 5 billion dollar Web site 5 billion we spent on a Web site. And to this day it doesn't work. A 5 billion dollar Web site. I have so many Web sites I'm all over the place. I hire people they do a Web site of course me three dollars five billion dollar Web site well you need somebody because politicians are all talk no action. Nothing's gonna get done. They will not bring us believe me to the Promised Land they will not. As an example I've been on the circuit making speeches and I hear my fellow Republicans and they're wonderful people. I like them. They all want me to support them. They don't know how to bring it about they come up to my office. I'm meeting with three of them in the next week and they don't know . Are you running. Are you not running. Could we have your support . What do we do. How do we do it. I like them and I hear their speeches and they don't talk jobs and they don't talk China . What was the last time you heard China's killing us. They're devaluing their currency to a level that you wouldn't believe it makes it impossible for our companies to compete. Impossible . They're killing us. But you don't hear that from anybody else . You don't hear it from anybody else and I watch the speeches . Thank you. I watch the speeches of these people. And they say the sun will rise the moon will set all sorts of wonderful things will happen. And people are saying what's going on. I just want a job. Just get me a job. I don't need the rhetoric. I want a job . And that's what's happening. And it's going to get worse because remember Obamacare really kicks in in 16 2016. Obama is going to be out playing golf. He might even be on one of my courses I would invite him I actually would say I have the best courses in the world so I'd say you know what. If you want to see I have one right next to the White House right on the Potomac if he'd like to play. That's fine. In fact I'd love him to leave early and play. That would be a very good thing . But Obamacare kicks in in 2016 really big lake. It is going to be amazingly destructive . Doctors are quitting. I have a friend who's a doctor and he said to me the other day Donald I never saw anything like it. I have more accountants than I have nurses. It's a disaster. My patients are beside themselves. They had a plan that was good . They have no plan now. We have to repeal Obamacare and it can repair reply. And and it can be replaced with something much better for everybody. Let it be for everybody but much better and much less expensive for people and for the government. And we can do it so I've watched the politicians I've dealt with them all my life . If you can't make a good deal with a politician then there's something wrong with you. You're certainly not very good and that's what we have. Representing us they will never make America great again. They don't even have a chance. They are controlled fully. They are controlled fully by the lobbyists by the donors and by the special interests fully that's their control. Hey I have lobbyists. I had to tell you I have lobbyists and can produce anything for me. The great but you know what . It won't happen. It won't happen because we have to stop doing things for some people. But for this country it's destroying our country. We have to stop. And it has to stop now. Now our country needs. Our country needs a truly great leader and we need a truly great leader now . We need a leader that wrote The Art of the deal. We need a leader that can bring back our jobs can bring back our manufacturing can bring back our military can take care of our vets our vets have been abandoned . And we also need a cheerleader. You know when President Obama was elected I said Well the one thing I think he'll do well. I think he'll be a great cheerleader for the country. I think he'd be a great spirit. He was vibrant. He was young. I really thought that he would be a great cheerleader. He's not a leader. That's true. You're right about that. But he wasn't a cheerleader . He's actually a negative force. He's been a negative force. He wasn't a cheerleader. He was the opposite. We need somebody that can take the brand of the United States and make it great again. It's not great again . We need we need somebody we need somebody that literally will take this country and make it great again. We can do that. And I will tell you I love my life. I have a wonderful family . They're saying Dad you're going to do something that's going to be so tough. You know all of my life I've heard that a truly successful person. A really really successful person. And even modestly successful cannot run for public office. Just can't happen. And yet that's the kind of mindset that you need to make this country great again. So ladies and gentlemen I am officially running for president of the United States and we are going to make our country great again . It can happen. Our country has tremendous potential. We have tremendous people we have people that aren't working. We have people that have no incentive to work but they're going to have incentive to work because the greatest social program is a job and they'll be proud and they'll love it and they'll make much more money than they would have ever made. And they'll be they'll be doing so well and we're going to be thriving as a country thriving. It can happen . I will be the greatest jobs president that God ever created I tell you that I'll bring back our jobs from China from Mexico from Japan from so many places. I'll bring back our jobs and I'll bring back our money right now. Think of this we owe China one point three trillion dollars we owe Japan more than that. So they come in they take our jobs they take our money and then they loan us back the money and we pay them an interest and then the dollar goes up. So their deals even better. How stupid are our leaders. How stupid are these politicians to allow this to happen. How stupid are they I'm going to tell you thank you. I'm going to tell you a couple of stories about trade because I'm totally against the trade bill for a number of reasons. Number one the people negotiating don't have a clue. Our president doesn't have a clue. He's a bad negotiator. He's the one that did Bergdahl. We get Bergdahl they get five killer terrorists that everybody wanted over there . We get Bergdahl we get a traitor we get a no good traitor and they get the five people that they wanted for years and those people are now back on the battlefield trying to kill us . That's the negotiator we have. Take a look at the deal he's making with Iran. He makes that deal. Israel maybe won't exist very long. It's a disaster and we have to protect Israel. But so we need. I'm a free trader . But the problem with free trade is you need really talented people to negotiate for you. If you don't have talented people if you don't have great leadership if you don't have people that know business is not just a political hack that got the job because you made a contribution to a campaign which is the way all jobs just about her gotten free trade is terrible. Free trade can be wonderful if you have smart people. But we have people that are stupid. We have people that aren't smart and we have people that are controlled by special interests and it's just not going to work. So here's a couple of stories happened recently. A friend of mine is a great manufacturer and you know China comes over and they dump all their stuff and I buy it I buy it because frankly I have an obligation to buy it because they devalue their currency so brilliantly. They just did it recently and nobody thought they could do it again. But with all our problems with Russia with all our problems with everything everything they got away with it again. And it's impossible for our people here to compete . So I want to tell you this story. Friend of mine is a great manufacturer calls me up a few weeks ago. He's very upset. I said What's your problem. He said You know I make great product and I said I know I know that because I buy the product. He said I can't get it into China. They won't accept it. I sent a boat over and they actually sent it back. They talked about environmental they talked about all sorts of crap that had nothing to do with it. I said hey wait a minute. That's terrible. Does anyone know this. He said Yeah they do it all the time with other people. I said they send it back. Yeah . So I finally got it over there and they charged me a big tariff . They're not supposed to be doing that. I told them. Now they do charge a tariff on trucks when we send trucks and other things over there. Ask Boeing. They wanted Boeing secrets . They wanted their patents and all their secrets before they agreed to buy planes from Boeing. Hey I'm not saying they're stupid. I like China. I sell apartment for 10. I just sold an apartment for 15 million dollars to somebody from China. Am I supposed to dislike I own a big chunk of the Bank of America building and 12 90 Avenue of the Americas that I got from China in a war . Very valuable. I love China. The biggest bank in the world is from China. You know where their United States headquarters is located in this building in Trump Tower. I love China people say Oh you don't like China. No I love them. But their leaders are much smarter than our leaders and we can't sustain ourself with that. Too much. It's like it's like take the New England Patriots and Tom Brady and have them play your high school football team. That's the difference between China's leaders and our leaders. They are ripping us. We are rebuilding China. We're rebuilding many countries China. You go there now roads bridges schools. You never saw anything like it. They have bridges that make the George Washington bridge look like small potatoes and they're all over the place. We have all the cards but we don't know how to use them. We don't even know that we have the cards because our leaders don't understand the game. We can turn off that spigot by charging them tax until they behave properly. Now they're going militarily. They're building a military island in the middle of the South China Sea a military island. Now our country could never do that because we'd have to get environmental clearance and the environmentalists wouldn't let our country. We would never build an ocean. They built it in about one year this massive military port. They're building up their military to a point that is very scary. You have a problem with ISIS. You have a bigger problem with China. And in my opinion the new China believe it or not in terms of trade is Mexico so this man tells me about the manufacturing I say that's a terrible story. I hate to hear but I have another one for Ford . So Mexico takes a company car company that was going to build in Tennessee rips it out. Everybody thought the deal was dead reported in The Wall Street Journal recently. Everybody thought it was a done deal. It's going in and that's going to be it going into Tennessee. Great state great people. All of a sudden at the last moment this big car manufacturer foreign announces they're not going to Tennessee they're going to spend their billion dollars in Mexico instead. Not good . Now Ford announces a few weeks ago that Ford is going to build a 2.5 billion dollar car and truck and parts manufacturing plant in Mexico . 2.5 billion is going to be one of the largest in the world for good company so I announced that I'm running for president. I would. One of the early things I would do probably before I even got in and I wouldn't even use you know I have I know the smartest negotiators in the world. I know the good ones. I know the bad ones. I know the overrated ones you got a lot of that are overrated. They're not good they think they are. They get good stories because the newspapers get buffaloed but they're not good. But I know the best negotiators in the world. And I'd put them one for each country. Believe me folks we will do very very well very very well. But I wouldn't even waste my time with this one. I would call up the head of Ford who I know if I was president I'd say congratulations I understand that you're building a nice 2.5 billion dollar car factory in Mexico and that you're going to take your cars and sell them to the United States. Zero tax just flowing across the border. And you said to yourself how does that help us . Right. How does that help us where that good. It's not. So I'd say congratulations. That's the good news. Let me give you the badness every car and every truck and every part manufactured in this plant that comes across the border within a charge you a 35 percent tax hike and that tax is going to be paid. Simultaneous tying Inslee with the transaction and that's it. Now here's what's going to happen if it's not me in the position it's one of these politicians that we're running against. You know the 400 people that we're already and here's what's going to happen they're not so stupid they know it's not a good thing and they may even be upset by it . But then they're going to get a call from their donors or probably from the lobbyist for Ford and say you can't do that to Ford because Ford takes care of me and I take care of you and you can't do that to Ford. And guess what . No problem. They going to build in Mexico. They're going to take away thousands of jobs it's very bad for us . So under President Trump here's what would happen . The head of Ford will call me back. I would say within an hour after I told him the bad news but it could be. He'd want to be cool and he'll wait till the next day. You know they want to be a little cool and he'll say please please please he'll beg for a little while and I'll say no interest. Then I'll call all sorts of political people and I'll say sorry fellas no interest because I don't need anybody's money it's nice. I don't need anybody's money . I'm using my own money. I'm not using the lobbyists I'm not using donors. I don't care. I'm really rich. I share them . And by the way I'm not even saying that in a bracket. That's the kind of mindset that's the kind of thinking you need for this country . So because we got to make the country rich it sounds crass . Somebody should know that's crass. It's not crass. We got 18 trillion in debt. We got nothing but problems. We got a military that needs equipment all over the place. We've got nuclear weapons that are obsolete we've got nothing. We've got social security that's going to be destroyed. If somebody like me doesn't bring money into the country all these other people want to cut the hell out of it . I'm not going to cut it at all. I'm going to bring money in and we're going to save it . But here's what's going to happen after I'm called by 30 friends of mine who contributed to different campaigns after I'm called by all of the special interests and by the the donors and by the lobbyists and they have zero chance at convincing me zero I'll get a call the next day from the head of Ford to say please reconsider I'll say no. He'll say Mr. President we've decided to move the plant back to the United States we're not going to build it in Mexico. They have no choice. They have no choice . There are hundreds of things like that. I'll give you another example Saudi Arabia. They make a billion dollars a day a billion dollars a day. I love the stories. Many are in this building . They make a billion dollars a day whenever they have problems . We send over the ships we send we're going to protect what are we doing they get nothing but money. If the right person. Ask them they pay a fortune. They wouldn't be there except for us. And believe me you look at the border with Yemen. You remember Obama a year ago Yemen was a great victory. Two weeks later the place was blown up. Everybody got and they kept our. They always keep our equipment. WITNESS It used equipment right. They always keep our equipment . We ought to send some real junk because frankly it would be weird to send our surplus we're always losing this gorgeous brand new stuff. But look at that border with Saudi Arabia. Do you really think that these people are interested in Yemen Saudi Arabia without us is gone they're gone and I'm the one that made all of the right predictions about Iraq. You know all of these politicians that I'm running against now it's so nice to say I'm running as opposed to if I run if I run I'm running but all of these politicians that I'm running against now they're trying to disassociate I mean you looked at Bush it took him five days to answer the question on Iraq. He couldn't answer the question you didn't know. I said Is he intelligent . And I looked at Rubio. He was unable to answer the question is Iraq a good thing or a bad thing. He didn't know he couldn't answer the question how are these people going to lead us. How are we going to . How are we going to go back and make it great again. We can't . They don't have a clue. They can't lead us. They can't. They can't even answer simple questions. It was terrible but Saudi Arabia is in big big trouble now thanks to fracking and other things. The oil is all over the place and I used to say it . There are ships at sea and this was during the worst crises that were loaded up with oil and the cartel kept the price up because again they were smarter than our leaders. They were smarter than our leaders. There is so much wealth out there that can make our country so rich again and therefore make it great again because we need money. We're dying we're dying we need money . We have to do it and we need the right people. So Ford will come back. They'll all come back and I will say this this is going to be an election in my opinion that's based on competence. Somebody said Thank you darling. Somebody said to me the other day a reporter very nice reporter but Mr. Trump you're not a nice person . That's true. But actually I am. I think I am a nice person people that know me like me does my family like me. I think . All right look at my family I'm proud of my family by the way speaking of my family Melania Barron Kai Donny Don Vanessa Tiffany Evancho did a great job. Did she do a great job. Great . Jarrett Laura and Eric I'm very proud of my family they're great family . So the reporter said to me the other day. But Mr. Trump you're not a nice person . How can you get people to vote for you. I said no. I said I think that number one I am a nice person I give a lot of money away to charities and other things. I think I'm actually a very nice person. But I said this is going to be an election that's based on competence because people are tired of these nice people and they're tired of being ripped off by everybody in the world and they're tired of spending more money on education than any nation in the world per capita than any nation in the world. And we're twenty sixth in the world twenty five countries are better than I said education and some of them are like third world countries but we're becoming a Third World country because of our infrastructure our airports our roads everything. So one of the things I did and I said you know what I'll do I'll do it because a lot of people say he'll never run. Number one he won't want to give up his lifestyle . You're right about that but I'm doing it. Number two I'm a private company so nobody knows what I'm worth. And the one thing is that when you run you have to announce and certify to all sorts of governmental authorities your net worth . So I said that's OK. I'm proud of my net worth. I've done an amazing job. I started off. Thank you. I started off in a small office with my father in Brooklyn and Queens and my father said and I love my father I learned so much he was a great negotiator. I learned so much just sitting at his feet playing with blocks listening to him negotiate with subcontractors. But I learned a lot. But he used to say Donald don't go into Manhattan. That's the big leagues. We don't know anything about that. Don't do it. I said Dan I got to go into Manhattan . I got to build those big buildings. I got to do it Dad. I've got to do it. And after four or five years in Brooklyn I ventured into Manhattan and did a lot of great deals the Grand Hyatt Hotel. I was responsible for the convention center on the west side. I did a lot of great deals and I did them early and young . And now I'm building all over the world and I love what I'm doing. But they all said a lot of the pundits on television . Well Donald will never run and one of the main reasons is he's private and he's probably not as successful as everybody thinks. So I said to myself you know nobody's ever going to know unless I run because I'm really proud of my success. I really have . I've employed I've employed tens of thousands of people over my lifetime . That means medical that means education that means everything . So a large accounting firm and my accountants have been working for months because it's big and complex and they've put together a statement a financial statement. This is summary but everything will be filed eventually with the government. And we don't need extensions or anything. We'll be filing it right on time. We don't need anything. And it was even reported incorrectly yesterday because they said he had assets of 9 billion shares knows the wrong number. That's the wrong number. Not assets . So they put together this. And before I say it I have to say this. I made a deal faster with real estate. You know it's real estate it's labor and its unions good and some bad and lots of people that aren't in unions and it's all over the place and building all over the world . And I have assets big accounting firm one of the most highly respected nine billion two hundred and forty million dollars and I have liabilities of about 500. That's long term debt very low interest rates. Fact one of the big banks came to me said Donald you don't have enough borrowings. Could we loan you four billion dollars. I said I don't need it. I don't want it. And I've been there. I don't want it but in two seconds they give me whatever I wanted so I have a total net worth. And now with the increase it will be well over 10 billion dollars. But here a total net worth of 8 billion net worth not assets not liability a net worth. After all debt after all expenses. The greatest assets Trump Tower twelve nine the Avenue of the Americas Bank of America building in San Francisco 40 Wall Street sometimes referred to as the Trump building right opposite the New York so many other places all over the world so the total is eight billion seven hundred thirty seven million five hundred and forty thousand dollars. Now I'm not doing that. I'm not doing that to brag because you know what I don't have to brag. I don't have to. Believe it or not I'm doing that to say that that's the kind of thinking our country needs. We need that thinking. We have the opposite thinking . We have losers. We have losers. We have people that don't have it. We have people that are morally corrupt. We have people that are selling this country down the drain . So I put together the statement and the only reason I'm telling you about it today is because we really do have to get going because if we have another three or four years you know we're at 18 trillion now we're soon going to be at 20 trillion according to the economists who are not big believers in but nevertheless this is what they're saying that 24 trillion. We're very close. That's the point of no return. Twenty four trillion dollars. We will be there soon . That's when we become Greece. That's when we become a country that's unsalvageable. And we're going to be there very soon we're going to be there very soon . So just to sum up I would do various things very quickly. I would repeal and replace the big lie Obamacare. I would build a great wall and nobody builds walls better than me believe me and I'll build them very inexpensively I will build a great great wall on our southern border and I will have Mexico pay for that wall. Mark my words. Nobody would be tougher on ISIS than Donald Trump. Nobody. I will find within our military. I will find the general pattern or I will find General MacArthur. I will find the right guy. I will find the guy that's going to take that military and make it really work. Nobody nobody will be pushing us around . I will stop Iran from getting nuclear weapons and we won't be using a man like Secretary Kerry that has absolutely no concept of negotiation whose make it a horrible and laughable Deal who is just being tapped along as they make weapons right now and then goes into a bicycle race at 72 years old and falls and breaks his leg. I won't be doing that and I promise I will never be in a bicycle race that I can tell you I will immediately terminate President Obama's illegal executive order on immigration immediately fully support and backup the Second Amendment. Now it's very interesting . Today I heard it through stupidity in a very very hardcore prison. Interestingly named Clinton two vicious murders two vicious people escaped and nobody knows where they are . And a woman was on television this morning and she said you know Mr. Trump. And she was telling other people and I actually called her but she said you know Mr. Trump I always was against guns. I didn't want guns . And now since this happened it's up in the prison area. My husband and I are finally in agreement because he wanted the guns. We now have a gun on every table. We're ready to start shooting . I said very interesting. So protect the Second Amendment and and Common Core Common Core should. It is a disaster. Bush is totally in favor of Common Core. I don't see how he can possibly get the nomination. He's weak on immigration. He's in favor of Common Core. How the hell can you vote for this guy . You just can't do it. We have to end education has to be local . Rebuild the country's infrastructure. Nobody can do that like me. Believe me it will be done on time on budget. Way below cost way below what anyone ever thought. I look at these roads being built all over the country and I say I can build those things for one third what they do is unbelievable. How bad you know we're building on Pennsylvania Avenue. The old Post Office we're converting it into one of the world's great hotels is going to be the best hotel in Washington D.C.. We got it from the General Services Administration in Washington. The Obama administration we got it. It was the most highly sought after all one of them. But I think the most highly sought after project in the history of General Services we got it. People were shocked. Trump got it. Well I got it for two reasons. Number one we're really good. Number two we had a really good plan. And I'll add in a third. We had a great financial statement because the General Services who are terrific people by the way and talented people they wanted to do a great job and they want to make sure it got built. So we have to rebuild our infrastructure our bridges our roadways our airports. You come into LaGuardia Airport it's like we're in a third world country you look at the patches and the 40 year old Florida they throw down asphalt and they throw you look at these airports. We are like a third world country and I come in from China and I come in from guitar and I come in from different places and they have the most incredible airports in the world. You come back to this country and you have L.A. acts disaster. You have all of these disastrous airports. We have to rebuild our infrastructure save Medicare Medicaid and Social Security without cuts have to do it. Get rid of the fraud get rid of the waste and abuse but save it. People have been paying in for years and now many of these candidates want to cut it. You save it by making the United States by making us rich again by taking back all of the money that's being lost we negotiate our foreign trade deals reduce our 18 trillion in debt. Because believe me we're in a bubble. We have artificially low interest rates. We have a stock market that frankly has been good to me but I still hate to see what's happening. We have a stock market that is so bloated. Be careful of a bubble because what you've seen in the past might be small potatoes compared to what happens. So be very very careful and strengthen our military and take care of our vets. So so import sadly the American dream is dead but if I get elected president I will bring it back bigger and better and stronger than ever before. And we will make America great again. Thank you. Thank you very much .

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Donald Trump Enters 2016 Republican Presidential Contest

Billionaire television personality and business executive Donald Trump formally announces his entry into the Republican presidential campaign, saying that the U.S. has become "a dumping ground for other people's problems." Trump speaks to supporters at Trump Tower, one of his trophy properties in New York. (Source: Bloomberg)