Trump 'would put 25% levy on Chinese goods'

Donald Trump has said that if he is elected US president, he would levy a 25% tariff on all Chinese goods, occupy Iraq so America can keep its oil and charge South Korea for keeping US forces there.

The mega-rich US real estate mogul is not yet officially a candidate for the 2012 Republican race to oust Barack Obama.

Trump told a Republican rally in Las Vegas that he would decide by June whether to run for the Republican nomination.

Recent polls have shown him ahead of both Mike Huckabee and Mitt Romney, former governors of US states who ran in 2008.