This is a rush transcript from "Your World," April 14, 2014. This copy may not be in its final form and may be updated.
(BEGIN VIDEO CLIP)
DONALD TRUMP, CHAIRMAN & CEO, TRUMP HOTELS & CASINO RESORTS: I heard Jeb Bush the other day. And he was talking about people that come into this country illegally, they do it for love.
(BOOING)
TRUMP: And I said, say it again? I didn't get -- that's one I have never heard of before.
I have heard a lot. I have heard money. I have heard this. I have heard sex. I have heard everything. The one thing I never heard of was love. I understand what he is saying. But, you know, it's out there.
(END VIDEO CLIP)
NEIL CAVUTO, HOST: Well, you know, if those boos are any sign, it sure sounds like a RINO heave-ho?
To the Donald on whether a political dynasty might have just been trumped.
Donald, the reaction to those comments was very, very revealing, I thought. What do you make of that?
TRUMP: Well, it was strong. And I was a little bit surprised as I was saying it. I was being a little sarcastic, having a little fun with it, but it was a statement that was not a very popular statement.
When I made the statement, and when I sort of quoted him, the place went a little bit wild. And they were angry.
CAVUTO: You know what's interesting too? On this issue of illegal immigration, there is part of the party, maybe represented by the Jeb Bushes, to an extent, the Chris Christies, where we have to be flexible on this, that a part of the party that says, no, no, no, they're here illegally. You can talk love all you want. We have got to be tough on this.
Which side is winning out?
TRUMP: Well, I don't know which side is winning out.
I can to tell you that you have a country and we have a country that has to be based on laws. And you have people coming in illegally. And our borders are like a sieve. They come through like it's nothing. And we could very easily build a -- I'm a builder. What I do is, build great things. And you could very easily build something that would not make it even possible for people to come in.
And you either have a country or you don't. And if we're not going have boundaries or we're not going have borders, you don't have a country.
CAVUTO: So, does that mean Jeb Bush shouldn't even try to run for president?
TRUMP: Well, maybe there's a group of people that agree with him, but I don't. I certainly don't agree.
CAVUTO: There's something else you said at this same gathering that made it sound to me like you're more than passing comments on potential guys running for president, that maybe you were running for president.
I want you to listen back to this and -- and maybe feed my inquiry here.
(BEGIN VIDEO CLIP)
TRUMP: We need somebody that is going to get things done, and politicians are all talk and no action.
It's true. All talk. It's all bull (EXPLETIVE DELETED).
(LAUGHTER)
TRUMP: It's all talk.
(CHEERING AND APPLAUSE)
TRUMP: And it's no action. They talk and talk. And you go crazy and blah, blah, blah. In the meantime, everybody else is eating lurch.
(LAUGHTER)
TRUMP: And I sort of thought -- and you know whose lunch it is? Our lunch.
(LAUGHTER)
(END VIDEO CLIP)
CAVUTO: I think you cursed there, Donald.
TRUMP: I did. I did.
Every once in a while, I do that... (LAUGHTER)
TRUMP: ... because it emphasizes. It's called emphasis.
CAVUTO: I understand that. TRUMP: But the truth is that it's true. I have seen these politicians. I have watched them for a long time, and they are all talk, no action.
In the meantime, we're being taken advantage of by so many different places, OPEC. You look at OPEC. With all the energy all over the world and under our own feet, why is oil and gas and everything else -- sets records all the time, and you say, how is that possible?
And it's -- it's really incompetence. It's incompetent leadership, and you look at what China is doing, they just recently devalued their currency, which you covered by nicely. But who would have thought they would have done that again? They only did that because it was so weakened.
So it's really a sad thing. I have watched politicians. I have watched them, and I have never seen it worse than it is right now. But, as I said, it's all talk and no action and people start standing up and going crazy. They love it, and they're right in loving it, because they're tired of being beaten up.
CAVUTO: They have not heard this kind of talk out of other presidential candidates. Maybe to mixed degrees. It -- it seemed to be unique in terms of the reaction that you got. And I'm wondering whether, the more you hear that type of reaction, are you really entertaining a run?
TRUMP: Well, I speak my mind, and I have common sense, and I have done very well.
I have made a lot of money and put a lot of people to work and built great buildings and developments all over the country and all over the world, in fact, and I know how to do it. And I think people see that and they understand that. I have been talking to you and everybody else about China for the last five years, and nothing is done about it.
CAVUTO: Indeed. No, indeed, you have, indeed, you have.
TRUMP: It's just nothing is done about it. And, by the way, China is booming. They have never had better years than what they're having. In fact, right now, it's one of their best. They came out with numbers recently that are through the roof. And those numbers come largely out of our hide. And it's very sad.
CAVUTO: You have always said -- when it comes to China -- I didn't mean to jump on you there, Don -- but you have said they need us much more than we need them. But we always are on defense or play scared.
If you were to run for president, and let's say you were in the White House -- it would smaller than your other houses, but let's say you were -- would -- how would you handle the Chinese? How would...
(CROSSTALK)
TRUMP: Well, -- China would be China would be treating us with great respect. That, I can tell you. We have the cards. The cards get weaker all the time, but we have the cards.
Now, what China is doing in terms of the devaluation of their currency, making it very, very hard for us to compete and do business, very, very hard -- now, you understand that because it's business largely that you cover.
It's making it very difficult for the United States. Now, what we should be doing -- and when we sell things to China, they tax us. When they sell things to us, we talk about free trade. And I'm all for free trade, but it has got to be smart and fair trade.
And the one bad thing about free trade from this country's, from our country's standpoint is, when you have it, you have to have smart people doing the negotiating.
CAVUTO: Well, would you tax their goods if they're going to continue to tax our goods?
TRUMP: Absolutely.
(CROSSTALK)
CAVUTO: Would you risk a -- would you risk a trade war with them?
TRUMP: Absolutely, I would. What trade war? The deficit is so huge between the two countries. If we did no business with them, we'd be in much better shape.
The trade wars would be a disaster for China. China would go into a depression the likes of which this world has never seen, if you wanted to play tough with China. They know it. But they don't respect President Obama. They don't respect our leadership. And they don't respect the people that they're dealing with.
They're -- they are negotiating against people that aren't top people. You know, we have businesspeople in this country -- I know every one of them -- that would do so well, that would -- I can -- I can name them, but I won't. I don't want to embarrass them and I don't want to give them too much credit, because in some cases I don't even like them.
(LAUGHTER)
TRUMP: But you -- you want to know something, Neil? We have people that are so good, so sharp, that China would come to the table, and they would give us everything that we needed.
We have the cards. We just don't have the people that know what they're doing with those cards.
CAVUTO: All right, let's say we won't -- wanted to put a business type in the White House, because we haven't had that.
TRUMP: Never had it.
CAVUTO: But now the question then gets to be, what does this mean about how we do business with the rest of the world? Are you a big believer in the U.S., we have the big stick, we lead that way, because...
(CROSSTALK)
TRUMP: We used to have the big stick.
(CROSSTALK)
CAVUTO: We're broke. We have no money.
TRUMP: We used to have the big stick. And now we're broke. We owe $17 trillion. We have massive...
(CROSSTALK)
CAVUTO: So, how would you address that? How would you address that?
TRUMP: Well, I would get the country working again, and I would have deals made with other countries and other -- and I'm not just talking about China.
Between OPEC, the OPEC nations, and so many others, you look at what's going on in Mexico. Mexico is really going to be a big threat to us, because they're doing so much business. What we're doing with Mexico is incredible. We're just handing over our companies. So you watch Mexico.
I have given you a lot of very correct projections and statements over the last few years. Watch -- remember this in a couple of years. Watch Mexico. Look what they're doing, how they're eating our lunch as a country.
So you have to have great people at the helm. You have to have smart -- I used to say, we need competent leadership. I would say that two, three years ago. Well, now we're so far behind the eight ball that we need extraordinarily competent. Otherwise, we're never going to catch up. We need extraordinary people leading us, smart, tough, fair, humane.
I want humane and everybody, but -- and, you know, when -- when, like Ryan, as an example, and others talk about cutting Social Security, cutting Medicare, Medicaid, what I want to do and what I would strongly say this country has to do it get back to being strong again, and rich again, and successful again, because that cures all of the problems.
CAVUTO: But you would risk all the nonsense and scrutiny that would come of you and your businesses and all your investments running for president?
TRUMP: Look, I love what I'm doing. I love it.
Well, what I do is very straight up. I can tell you that. But I love what I'm doing with Doral and the old post office on Pennsylvania Avenue, interesting, right across the street from the White House, practically, right between Congress and the White House on Pennsylvania Avenue.
CAVUTO: Right.
TRUMP: It's going to be one of the great hotels.
I love doing this stuff.
CAVUTO: OK.
TRUMP: But I love the country more, Neil.
CAVUTO: All right.
TRUMP: Somebody has to do something. And the politicians are not doing it. That, I can tell you. We will see what happens.
CAVUTO: Donald Trump, we shall see.
TRUMP: Thank you very much, Neil.
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