Now honored to have Donald Trump. He is currently a candidate for the Republican nomination for president of the United States. Mr. Trump, thank you very much for joining us on the initial Breitbart News Daily show. Well, that's such an honor. The initial show, wow. We'll have to mark this one down for posterity, Steve. Very good, congratulations. Good luck, you'll do well. [Laughter] Well, thank you, sir. I'd, look, one of the things is that, you know, very early on in this process, in places like New Hampshire and Iowa, we were very honored to have you come on our weekend show, or when we were doing those six- or seven-hour marathons and we were telling people at the time, I said, 'Look, this guy is, people are leaning forward in these audiences when he was talking.' Of course, we were mocked and ridiculed and, you know, 'What are you guys doing? This is a joke.' In fact, the Sunday show, Tom Rose and Gary Bauer tell the story how they were laughing at me when I was saying, 'Hey, this guy Trump, this is going to be very serious.' So it's good to see that you're in the heat of combat now. Well, you know, I remember that well, and oftentimes with you, especially because I'd always mess up my hair when I put those big microphones around, you know, you'd always help me put them on. So I'd mess up my hair, which is fine. But I remember that you looked and you said, 'Boy, those are big crowds you're getting. You have more than anybody else by far.' I said, 'Steve, I'm telling you, just watch.' And, you know, now we're getting, I mean, we had 20,000 in Dallas. We filled up an arena in three days, you know, Mark Cuban arena where the Mavericks play, and 35,000 in Alabama, and 20,000 in Oklahoma, you know about Iowa and New Hampshire and South Carolina, been unbelievable, the crowds, so we've really, you know, we've had a lot of fun talking about very negative subjects, because everything is negative with the country, Steve, I mean there's nothing good happening, there's nothing positive happening. We don't win anymore, so we have to -- What is it about the message that, you know, whether it was a year and a half or two years ago, when you first started this, started going to these events Dave Bosse was putting on in New Hampshire and Iowa, what is it about the message that you think is resonating most with the American people now, that's drawing bigger and bigger crowds, and clearly a lot of enthusiasm, has you at the top in many of the polls? Yea, I think the big message is 'make America great again.' And, you know, I built a great company. In fact, as you know, a lot of people said, 'Well, he won't run.' Then I ran. Then I filed different papers. Then they said, 'Well, maybe he won't file his financials, maybe he's not as rich as we thought.' It turned out I was much richer. I built a great company, like an unbelievable, in fact, Steve, I might have filed them anyway, to be honest with you, I think I might have filed them even if I didn't run, so, you know, people have seen what [Crosstalk]. You mean just to shut the critics up, say, 'Hey [Crosstalk] Oh yea. I always have people who 'Well, maybe he's not that rich,' but, you know, that file, I mean, they expose everything. You know what. It was 100 pages of financial information, and I gave the, and by the way, the biggest one ever filed, I think, was two pages, OK? I was over, I think it was close to 100 pages [Cross talk]. By the way, on the disclosure, I could tell people, [Inaudible] oh, they're arguing about his net worth, I said, 'Listen, the cash and marketable securities, which is the acid test, I think is $450 million, is 2X Mitt Romney's total net worth, so when people talk about it, I said, 'Just go to the cash and marketable securities, that's liquidity.' Hundreds of, hundreds of, many hundreds of millions of dollars in cash, and the assets are the best, you know, the buildings in Manhattan, Turnberry in Scotland, one of the great places of the world, and Doral in Miami, you know, there's hundreds of acres of land right next to the airport in Miami, you know, the whole thing. I mean, they're great assets, but I'm not saying that in a braggish way. I'm saying, or I should say, in a braggadocious way, I'm saying it because that's the kind of mentality that we need in the country. We don't make good deals anymore. If you look at what we're doing with China, if you look at what we're doing with all these countries, I use China because they're the biggest abuser of the United States. OK, I wanna get into those deals for a second, because, look, being trained at the, of course, I went to the poet's version of business school, Harvard, I know you went to Wharton, where you gotta know math, you have to know the math, right? [Laughter] You actually have to know the math. So, but at Goldman Sachs, they always teach you about op, you know, negotiating leverage, operating leverage. Last night, over the weekend, the campaigns have now taken direct control of these debates, and that is because, as I've been telling people, I said, 'Hey, the leverage here is Donald Trump's and Ben Carson's and a couple of other guys. They have the leverage, not the RNC. They've cut bad deals.' The same logic applies to China and Iran and throughout the world. The United States has been a punching bag. Let's go back to the RNC thing first. What, exactly, have you guys done to kind of say, 'Hey, look, would I rather have Reince Priebus or Donald Trump negotiate my deal with the networks?' What have you guys actually done, cause The New York Times is kind of saying, 'Oh, you know, they're going to have a little bit of openings.' We've been saying it's much deeper, it's much more profound, and this is a seminal moment. Well it started really with CNN because we had a two-hour debate, and then I got to the place, and they said, 'Oh congratulations, it's three hours.' And, as you remember, it was extremely hot, and everything, you know, it was a very terrible situation. You don't think that's anything about trying to sell some additional ad time for a network that's hurting? [Cross talk] Oh no, no, no, not a little bit, 100 percent. They made a fortune. Steve, the ads were 4,000 for a 30-second ad. They got 200,000 and 250,000, OK? They sold out the first two hours. It was a two-hour debate. They sold out, they announced a couple of days early, without anybody's approval, I didn't even know about it until I got there, that it would be three hours, and they sold out that. They made a fortune. Jeff Zucker's trying to hit a quarterly number, you gotta give a brother a break here. No, with CNN, and Jeff Zucker's great, and I don't blame him, but I said, 'Well, I won't go in the debate," And I'll tell you what I wonder if that had anything to do with C -- now you went Harvard, do you think that had anything to do with [Cross talk] No, no, no, that was a totally random, totally random event. You know, it was just my luck. It just happened to happen that way, right? So anyway, but [Crosstalk] not gonna happen. By the way, by the way, at CNBC the biggest audience in 30 years of broadcasting, by, what, 10X, the biggest audience they ever had. Yea, by 10 million people, and you know, and, look, I don't want to take credit for it, but I will. You know, frankly, everybody, you know, Variety, everybody said it was, so, you know, I figure I have some leverage, so I called up -- Not some leverage, not some leverage. You and Carson, you and Cars, no, no, you and Carson have all the leverage. If you and Carson don't show up, there's not a debate, right? That's [Cross talk] And by the way, they were great. Their team was great. You know, my team knows their team, and called them up and said, 'Listen, you know, this is ridiculous. They want to put us on again for three hours, only because of commercials.' Has nothing to do with the people or anything else and we were able, I was able to negotiate in, let's say, three minutes, three seconds. I said, 'Listen, I'm not showing up,' and I threw in Ben Carson, 'I'm not showing up, and neither is Carson. We're not going unless it's a two-hour debate.' They said, "OK But, I wanna talk about the mentality, because I think you see the same mentality [Cross talk] No, it's the mentality of the RNC that you gotta play, look, the media is the Praetorian Guard of the permanent political class, all the consultants that come after you and Dr. Carson and Ted Cruz, all day long, the permanent political classes, consultants, they're all in bed together, right? They all want the same [Inaudible]. I agree. By the way, the same mentality of the RNC is the same mentality, you've got Froman, the trade negotiator, we just had Nigel Farage on, they're over there saying, ‘Oh by the way, if you leave the EU we're not going to cut a bilateral deal with you.’ These guys, the same mentality, they don't know what negotiating leverage is, whether it's China, whether it's Mexico. They mock you cause you said, ‘Hey, I’m gonna build a wall and they're gonna pay for it.' Oh, 100 percent they'll pay, Steve, by the way, 100 percent. You know what we lose on Mexico a year? Forty-five billion in trade. We have an imbalance with Mexico, 45 billion. The wall's gonna cost, you know, they said it was going to cost 12, I could build it for six and it will be bigger, better, and stronger. You know, I'm building the Old Post Office right now on Pennsylvania. You can't miss it. It's got every, outside it's got the big Trump, you've got, you got the big Trump [Laughter]. [Cross Talk] That's a political [Inaudible]. No, it's a hotel, it's opening in 2016. But either way it's one year ahead of schedule, was gonna open in 2017, I said, 'We can't do that.' So it's one year ahead of schedule, open up in September of next year, of 20 -- how about that timing? [Inaudible] By the way, a stunning building. It's absolutely a stunning building on Pennsylvania Avenue. It will be the greatest hotel in the United States. I mean, really what's incredible and, you know, the amazing thing and nobody's ever mentioned this. And I'm fine with it. But in the Obama administration as, as you know, they run the GSA, and the people at the GSA are terrific people, by the way, and very professional people. But to think that Trump got it -- it was the most heavily -- more people, as you can imagine. Location, you know, it's the best. This incredible building in the best location. And Trump got it. How did Trump get it over Hyatt, Pritzker? How did Trump get it off, you know, Pritzker's his biggest contributor. How did Trump get it? People [Cross talk]. Well, secretary. Also secretary of commerce, I think, right? Well that's why -- because they didn't get that. So he gave her secretary of commerce. That's what happened, in my opinion. They were not happy when they didn't get it. But anyway what we're building there is going to be incredible. But here's the thing. We're under budget and ahead of schedule. Wouldn't it be nice if the country could do, and the same thing with CNBC. Everybody said, 'Oh they won't cut it, there's no cut, there's no provision.' I said, 'That's OK. Let me give it a shot.' I made the call. And one of my guys made the call. Corey is terrific, who's a big fan of yours, by the way. Your campaign manager. Yea, right. Within three minutes they agreed and we were told, you know, that they would never agree to it. Now, they took a big loss. I said, 'Here's what you do: double the price of your commercials' [Cross talk]. Here's what I learned at Wharton: supply and demand. Raise your price. Yea. I said, 'If you sold out this early, your price is too cheap, even at $250,000 for 30 seconds.' But what got you guys then to decide, 'We just gotta cut the RNC out, right? We just gotta cut the RNC and directly negotiate with the networks themselves.' What got you to move to that after the, after CNBC cratered on the [Inaudible] Well, John Harwood is a sleaze, and I knew that. But he interviewed me two weeks before and he was very nice, couldn't have been nicer. You know, very nice interview, soft, easy, nice, but, you know, but I still didn't trust him and I figured because he was asking me to do it and he was one of the moderators. You know, I sat down for an interview with John and I guess it was on CN, yea, it was on CNBC, and that was fun. But it was a normal interview. Nothing spectacular. And then all of a sudden, he starts with me with the first question, OK? And it wasn't the question, is what he said during the question, you know? And then I actually thought the one that they hit was me. And, of course, I can say the same thing in all fairness for Fox. And I can say the same thing to a lesser extent, you know, for CNN I think, well, yea, I guess. But the fact is that when he hit me like that I couldn't believe it. I mean I couldn't believe it. I said, 'That is disgusting.' And he was so nice. In other words it was a little bit of a setup because he was so nice two weeks before with the interview. So I said very unfair. But it wasn't really, because I don't mind the tough que -- did you see the -- every online poll had me winning the debate. Did you notice that? Yea, I saw that, yep, the Drudge particularly. Even CNBC had me winning the debate. That's sort of an amazing thing. The only way I didn't win the debate is some of the pundits that are going absolutely crazy that I'm leading in the polls. I can't, you know, they've been going crazy, their whole lives are at stake, it seems. I mean they should loosen up a little bit. But so that was the story. It was a, I thought the moderators were just, didn't do it, I like Becky Quick, by the way, I really do. Well you've been on CNBC a lot [Cross talk] Yea, I like Becky and I like Carl. The other, Harwood, is not a good guy, he's not a good -- But is, going forward, this negotiation, are you guys going to try to change structure? Format? I mean you've got the leverage, the networks, [Cross talk] If the network doesn't like it, you say, 'Hey look guys, you know, just drop the debate. We're going to do something, we'll go to somebody else.' We know we have the lever here. I think of it, they're making a fortune off of us. Like, for instance, when CNN did their extended version without anybody knowing about it until we got, I mean, I literally didn't know about it -- The incremental third hour. Yea. Now I heard they announced it a day before, or two days before, but I literally didn't, I got there and I say, 'How long this is, by the way, it's a two-hour.' No no no no, they walked in, they said, 'It's a three-hour debate.' I said, 'What do you mean a three-hour? That wasn't agreed to.' When they did that, I said, 'We should immediately strike and we should ask' -- you know, I'm like a union worker now -- 'We should immediately strike and we should ask for that extra hour.' At least 50 percent of that money comes to the RNC, you know, comes to the Republican Party, OK? Or what I really said, and you know I said this, 'Let it go to the wounded warriors, let it go to the veterans.' All of the money that they made, and I really wanted to do that but we didn't really have enough time. It's a little tough when they say, 'You're on in 15 minutes.' You'll understand that. It's the mentality, though, of saying, 'Hey we don't have to play by a set of rules that they, when people, when you first said, 'Hey we're the United States, we should get the best deals. I will get the best deals. You were mocked and ridiculed, guys saying, 'Hey he's not a real estate developer, wants to be president of the United States,' but the same logic applies, whether it's China or Mexico or Iran or the EU. Or Bergdahl, or Bergdahl Or Bergdahl How about Bergdahl? We've been pushed around by everybody We get Bergdahl, they get five killers that they've wanted for eight years, OK? OK. That's the way, that's the way we negotiate. I don't want Bergdahl. Send him back, drop him back in the middle of the place. But we get Bergdahl, a traitor. They get five killers. What kind of a deal? That's the way we deal. I mean -- What would you do different? What would you do different as president of the United States and commander in chief in this, in this area of really representing American interests versus people like, countries like China, like Mexico, like Iran, like the E.U.? Well, many things, Steve. No. 1, I have a natural, you know, way of negotiating. OK. And I know the greatest negotiators. They're friends and enemies of mine. I have enemies and have friends, OK? And, you know, we're too predictable as a country. You know, everyone says like even sending these 50 guys in. Why do we have to announce that we're sending them in, OK? These guys are in great danger now, because they're going to be looking for. them. Why can't we just send them in and not say anything? A whole new a whole new concept. Kind of like FDR ran World War II, right? I don't think we tell the Germans, 'Hey, here's what we're going to do.' Don't telegraph it. Every time we do something we have to announce it, OK? Because he's just a political guy who's doing a horrible job as president, he's the worst president ever, he's doing a horrible job. So instead of sending 50 guys, that are top guys, you know, these are really great guys, right? But they're in great danger because this enemy is not stupid. They're now looking for these 50 guys. Why didn't we just send them in and not say anything? Because he has to talk because everything is politics. But basically, if you look at, it's everything, it's everything, it's military. You know, it came out in all the polls that I'd be by far the best on financial and the economy. And they said I'd be by far the best on the military, and I would be the best on the military. But what you have to do is you have to get the right people in to negotiate. Now, Carl Icahn endorsed me. You know, you know Carl, OK? Pretty tough, pretty tough hombre. OK, great. Built a tremendous fortune. He doesn't want money. I mean, he doesn't want a fee. He wants to do it because he wants to do it. I mean No. 1, he loves the country. No. 2, it's a challenge for him. You know, he's tired with all these deals, he does deals, he does great. Just what China wants to know is that Carl Icahn is going to be negotiating across the table from them. Well you know I laugh as tell, I know people don't know who he is, you know, the audience, they're not sure. I said, 'Just trust me.' So we put Carl, I say, 'Carl, do me a favor, you negotiate with China. Look over the trade pacts.' I say, 'Folks, go home, relax, have dinner, just don't worry about it anymore. It's going to be fine.' But let me ask you about that. One of the big issues in this, in this campaign is going to be trade, although CBC didn't want to talk about TPP. You're a guy, whether you're financing, building a hotel, acquiring a property, buying a distressed asset, the contract is everything because all the reality exists in the contract. That's just the way, that's the way, by the way, the rule of law -- In TPP, you have these massive trade deals that are, as you know, enormously complicated with, you know, 10, 12, 15 countries [Inaudible]. It's in a secret vault. You can only go down there part of the time. You can't fully vet it. With you as president or commander in chief, would you allow us to get into these multilateral trade deals that are so complex where you can't fully vet all the details in the deal itself? In my opinion that deal was made for China. China's going to, you watch, China's going to come in through the back door. China is going to come in and take advantage of that deal through the back door. You watch. As sure -- you know I'm very much opposed to that deal. First of all, we should be making trade deals with individual countries not as a big group like that. We should be doing -- The way the founders had it set up: do bilateral trade agreements and then bring them back to the Senate. Trump brings it back to Senate and gets his bilateral trade deal with Taiwan or with Japan approved by two-thirds of the Senate. Steve. And you have to go argue, 'Hey this is why this is a good deal.' And that's the way the founders wanted it. Look, in that group we've had company, countries that treat us badly. And we've had countries where we get along well with them, and it's been fine. Well, the ones that treat us badly are getting the benefits of the deal because of the ones that treat us well. The whole thing is crazy. But here's the worst part: monetary manipulation. They manipulate their currencies, right? It's not even covered in the deal. The single greatest weapon that all of these countries have and use against us, whether it's Japan or China or Brazil, anybody, is currency manipulation, OK? They manipulate their currency and, you know, to downgrade it. I mean, it doesn't sound good but it sure as hell works. And the greatest one in history for currency manipulation has been China, in history, They're the great geniuses of this. So we don't even, it's not even covered in the trade deal, and a group came to me, I don't even know if you are involved with this group, but a group came to me and they didn't even want my money. They wanted me to do a radio commercial a big [Inaudible] they spent a lot of money on it, talking about this, and they actually took the commercial -- I did it. I was like the voice, I was the host of the commercial, which is a little bit different. But there are tremendous numbers of very smart people that are totally against this deal. This deal is a disaster but the single biggest point is not even mentioned in the agreement. And frankly, most people don't even know what is mentioned, because if you want to see the agreement you can't even read it, so I know you're against it. I think it's a horror show. It's great for a few companies that pushed it very hard and have very powerful lobbyists, some of whom I know, by the way, and they got it through. It's incredible. I know it's going to be fully vetted in this cam--, they're trying to kick it past the primary season, but I know that you and others, Senator Sessions, I know Ted Cruz, I know others are going to drill down in the details. Oh, it's a horrible, it's a horrible deal. We've got so much more to ask you. Hopefully later in the week we can get you back. Talk about H1-B visas and the whole situation down at Disney and all that. There's so much going on. I really appreciate your time. I know you're incredibly busy and if you want to follow Donald Trump, just go to the pages of Breitbart. It's up there every day, what's going on. Tremendous deal you just cut with getting the RNC out of the TV business. Well they're going to be out, and by the way, Reince is a very good guy. But this takes a lot of pressure off him, frankly, and, you know, we know how to negotiate, and it will be a much fairer situation. I think if you had a choice between Reince Priebus as nice a guy as he is, and Donald Trump cutting your TV deal, I think most people would take Donald Trump. Well I'm not allowed to say that, OK? But I can tell you he's a very good guy. He really is. He's a very nice person. And I think that he is, you know, hopefully he's going to do a good job. Hey, look, you know, you get a candidate, you really need that RNC to go in there and fight hard. And they have to be very tough and very smart. You have this crazy, you know, Wasserman Schultz, Deborah Wasserman Schultz, who is in there, a highly neurotic woman. This is a woman that is a terrible person. I watch her on television. She is a terrible person. And in all fairness she negotiated a great deal for Hillary because they gave Hillary all softballs. Unbelievable. Every ball was a softball Unbelievable. And in fact the other candidates weren't even allowed to talk up against her. How about, and, by the way, he destroyed his campaign, Sanders, he totally destroyed his campaign. He destroyed, two guys -- By the way, two guys quit the day after [Inaudible] threw the towel in, said, 'I'm out of here.' Well, when Sanders gave up the emails, that was the end of it. Even he said that's the end of him. That's the tell. He gave that up. It was a great sound bite for about three minutes, for three seconds. You know, they clapped for about three seconds. When he gave up the emails, he is now just wasting his time. He's going around. By the way, his audience have shrunk. Now he's got to take ads and everything else. His audiences have gone. And you know I have by far the biggest audiences even before, but his audiences are gone now. When he gave up that email thing he said, 'Here, Hillary.' And you know what? That was orchestrated by the Democratic Party whereas you would really properly say, the Democrat Party because they don't say that. They add the 'ic' on the end and they shouldn't be doing that. But, but that was probably Deborah Wasserman Schultz. Yea, cutting the deal. Mr. Trump, thank you so much. Amazing interview. Really appreciate you coming on our on our show and hope to have you back in the future. I look forward to it, Steve. Thanks a lot. Thank you, sir.