Real estate tycoon and reality TV star Donald Trump has stated that he is "seriously thinking" about running for President in 2012 because the United States has become a "laughingstock throughout the world."
In a Feb. 9 interview on CNN's Piers Morgan Tonight, Trump, a Republican, said that he will make his final decision on his Presidential bid by June. The billionaire said that, if elected, he would implement a 25 percent tax on all Chinese products, claiming that the Asian nation manipulates their currency.
"I see them as the enemy," Trump told the talk show host. "They want to take over [the U.S.] economically. They are not really out-competing. They are cheating. And we have people who don't know what to do, because we have the wrong people in office."
Although Trump lacks political experience compared to other rumored GOP candidates for President, he certainly has the bank account to fund a campaign. Forbes magazine estimates that Trump is worth approximately $2 billion, and he reportedly earns about $3 million per episode for appearing on NBC's The Apprentice.
According to media reports, Trump was a last-minute addition to speak at the Conservative Political Action Conference (CPAC) on Feb. 10. His appearance fueled further speculation that the businessman is leaning toward a run for President next year.