US President Donald Trump has mocked billionaire Michael Bloomberg, who is considering running for president next year, saying the former mayor of New York City lacks "magic" enough to win.
"I know Michael," Trump told reporters outside the White House. You've just become a hate. There is nobody better to face him than little Michael. ”
Bloomberg has been a Republican for a long time, but previously ran as an independent. He currently belongs to the Democratic Party.
He said he believed Bloomberg's election campaign would likely hurt Joe Biden, the leading Democrat, who intends to run a moderate.
Bloomberg's net worth is estimated at $ 52 billion, while Trump's wealth is close to $ 3 billion.