The exchange was as follows:
WALLACE: Mr. Trump, as you may have heard, the 2012 Republican nominee for president, Mitt Romney, had some things to say about you today.
[Loud boos]
He said your domestic policy will lead to recession. He said your foreign policy will make us less safe, and then he listed what he said are your personal qualities — quoting now, Romney on Trump, quote: “the bullying, the greed, the showing off, the misogyny, the absurd 3rd-grade tactics.” He challenged you to answer with substance, not insults. How do you answer Mitt Romney, sir?
TRUMP: Well, look, he was a failed candidate. He should have beaten President Obama very easy. He failed miserably, and it was an embarrassment to everybody, including the Republican Party. He went away — it looked like he went away on vacation the last month. So i don’t take that. And I guess, obviously, he wants to be relevant. He wants to be back in the game.
After Trump expanded on his answer by talking about his trade policies, and his plans to reduce the trade deficit the U.S. has with Asian countries, Wallace came back again with a criticism from Romney, and drew boos again. He asked Trump about...
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