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Donald Trump made it official Monday May 16, 2011 that he will not be a candidate for U.S. president next year.

Trump said “I’ve decided that we are going to continue onward with Celebrity Apprentice, we are going to continue making lots and lots of money for charity. I will not be running for president, as much as I’d like to, and I want to thank everybody very much. Thank you very much”.

Trump also stated that his decision did not come easily or without regret, but that business was his greatest passion and that he was not ready to leave the private sector.

Trump mentioned that if he did decide to run that he believes he could have won the Republican Party nomination and the presidency next year.