NEW YORK - Business tycoon Donald Trump has announced that he is running for the White House.

Trump made the announcement from a Manhattan skyscraper this morning.

Trump wasted no time criticizing current U.S. standing, saying he would be able to turn the country around.

Trump specifically mentioned trade, commerce and jobs, saying we're losing out to Japan, China, and even Mexico.

Trump also sharply criticized foreign policy in the Middle East and Obama's health care plan.