Donald Trump: Howard Schultz 'Doesn’t Have the Guts to Run' in 2020

Howard Schultz, former Starbucks CEO, teases 2020 independent bid for president

Another Democrat urges Schultz not to run

"We can not know what the precise impact will be on our country and the rest of the world", Schultz wrote at the time.

But Democrats think a run by Schultz could be the best thing to happen to Trump, pulling independents and moderates away from whoever wins the Democratic nomination.

When asked if he is anxious about siphoning votes away from Democrats, Schultz told CBS, "I want to see the American people win". "I want to see America win". But Schultz argued that the majority of the electorate is "exhausted" with politics.

He's been mentioned as a potential candidate many times before, and he's done little to quell speculation about his presidential ambitions since saying when he retired from Starbucks last June that his future could include "public service".

Trump himself also hit out at Shultz, albeit for different reasons. "I will run as a centrist independent, outside of the two-party system".

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Schultz, 65, appeared on "60 Minutes" on Sunday to discuss his potential run.

"I'll say it this way: We'll be fully resourced to do what's necessary", he said.

As Castro and others suggested, their worry is that a three-way race would split Trump's opposition, while the president's own support would remain intact.

Bloomberg ran as an independent for his third term as mayor and won his first two terms as a Republican. "And where an independent gets electoral votes - if she or he even could get any - would come disproportionately from blue states".

"In 2020, the great likelihood is that an independent would just split the anti-Trump vote and end up re-electing the President", Bloomberg said.

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Matthew Gertz, a fellow at the nonprofit Media Matters for America, noted conservative enthusiasm for a Schultz run and wrote: "It should surprise no one that the people most favourably disposed to a Howard Schultz independent presidential run are the ones who want to see Trump re-elected". After he stepped down from his position at Starbucks past year, Schultz said at the time that he may consider a White House bid.

Earlier Sunday, Democratic presidential hopeful Julian Castro, responding to excerpts released ahead of the "60 Minutes" interview, said Schultz's bid would benefit Trump.

Schultz, describing himself as a "lifelong Democrat", said Americans were exhausted of the behaviour of both the Republican and Democratic parties.

"I'm not bringing this up because Starbucks is announcing that we are forming a digital currency or we're investing in this ... But I would have significantly addressed the people who need tax relief the most ... who don't have $400 in the bank". He added that he would be open to fresh ideas because he was "not in bed with any political party".

Schultz blamed both parties for the country's $21.5 trillion debt, which he portrayed as "a reckless example" of the "failure of their constitutional responsibility".

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