Donald Trump announcement: Barack Obama hits back on Tonight Show

President Barack Obama offered a clever retort to Donald Trump after the real estate mogul offered to donate $5 million to the charity of his choosing if he released college records and passport application.

Speaking on The Tonight Show, Barack Obama told Jay Leno that the rivalry between began in their childhood.

“This all dates back to when we were growing up in Kenya,” he joked.

“We had constant run-ins on the soccer field, he wasn’t very good.”

Barack Obama was referring to The Donald’s highly publicized demands that the president present his birth certificate to prove that he was born in the U.S., and therefore eligible for the presidency.

Meanwhile, Donald Trump’s long-awaited “major announcement” about Barack Obama was labeled as something of a disappointment over what was promised.

Donald Trump made his offer in a YouTube video released at noon today, two days after promising to make a “gigantic” announcement about Barack Obama which could change the course of the presidential race.

Web users reacted to the massive letdown with derision, with many taking to Twitter to mock the controversial businessman.

Donald Trump previously denied staging a publicity stunt, insisting the announcement is “not a media event”, but instead is “about the United States of America”.

A number of sensational claims about the content of the message had been swirling around the web for three days – one pundit with links to the billionaire even suggested that he was set to unearth divorce papers between Barack Obama and his wife Michelle.

However, the man himself tweeted: “All predictions re: my 12 o’clock release are totally incorrect. Stay tuned!” – and some may be disappointed by the relatively tame nature of the announcement.

Donald Trump set the hare running on Monday by claiming that he was set to make an announcement today that would be “bordering on gigantic” and that it would “possibly” change the presidential race.

But when the announcement finally came, in the form of a YouTube video and accompanying Facebook post, it was somewhat less explosive than promised.