“And I promise, I will never be in a bicycle race—that I can tell you.”

Real-estate mogul and reality-television star Donald Trump said Tuesday he will seek the Republican nomination for President of the United States. [New York Times]

The garrulous real estate developer whose name has adorned apartment buildings, hotels, Trump-brand neckties and Trump-brand steaks, announced on Tuesday his entry into the 2016 presidential race, brandishing his wealth and fame as chief qualifications in an improbable quest for the Republican nomination.

Related:

– Donald Trump on the Issues. [New York Times]

– The 10 best lines from Donald Trump’s announcement speech. [Politco]

– The Secret to Donald Trump’s Hair. [TIME]

– Neil Young Is Displeased That Donald Trump Was ‘Rockin’ In The Free World’ [NPR]

“Donald Trump was not authorized to use “Rockin’ In The Free World” in his presidential candidacy announcement. Neil Young, a Canadian citizen, is a supporter of Bernie Sanders for President of the United States of America.”

– Trump Tramples Facts [FactCheck.org]

• Trump claimed that economic growth has “never” been below zero until last quarter’s drop, which is far from true. It has been below zero 42 times since 1946.

• He said “there are no jobs” to be had. In fact, there were 5.4 million job openings recorded at the end of April, the most in 15 years.

• He said the “real” unemployment rate is “anywhere from 18 to 20 percent” and “maybe even 21 percent.” We see no factual basis for this opinion.

• He boasted he would have blocked new Ford plants in Mexico by threatening to impose a 35 percent tax on vehicles and parts made in Mexico and shipped to the U.S. But only Congress can impose taxes and such a tax would violate the North American Free Trade Agreement.

• Trump claimed the five Taliban leaders exchanged for Sgt. Bowe Bergdahl “are now back on the battlefield trying to kill us.” But all five remain in Qatar, where they continue to be monitored and are subject to a travel ban, according to the State Department.

• He also made the misleading claim that health care premium costs are going “up 29, 39, 49 and even 55 percent.” He’s talking about some proposed rate increases on the individual market that still need regulatory approval. There are also proposed rate decreases or single-digit increases that did not have to be submitted for review.

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