Trump says 'every country' is beating the U.S. in trade

Donald Trump said Tuesday that the U.S. has lost its standing as the No. 1 trading nation not just to China, but to every other country.

"We're losing all over the world with trade deals," the Republican presidential hopeful said from his Manhattan skyscraper.

"We are going to take the $400 billion a year we're losing with China, that's going to be turned around ... The $75 billion a year that we're short on with Japan, the $50 million we're losing to Mexico," he said, describing how he would change things as president.

"It doesn't matter which country, you can just pick a name out of a hat — they're beating us in trade. Every country," he reiterated. "No matter what country you talk about."