The Republican property billionaire has never formally run for president before, but has often talked about it.
Donald Trump, 69, told supporters at New York’s Trump Towers on Fifth Avenue: “I am officially running for president of the United States and we are going to make our country great again.”
The billionaire said his fortune would allow him to be an effective president.
“Our country is in serious trouble. We don’t have victories anymore,” he said.
“When was the last time anyone saw us beating, let’s say, China in a trade deal?
“They kill us. I beat China all the time.”
Donald Trump expressed support for gun rights and said he would protect US government programs like Medicare, Medicaid and Social Security.
He also said he would “immediately terminate” President Barack Obama’s executive order on immigration, which would save undocumented migrants from deportation.
Donald Trump added: “Sadly, the American Dream is dead.
“If I get elected president I will bring it back bigger and better and strong than ever before. We will make America great again.”
According to his website, Donald J. Trump “is the very definition of the American success story, continually setting the standards of excellence in business, real estate and entertainment”.
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