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March 3 -- Bloomberg Politics' Michael Bender reacts to Former GOP Presidential Candidate Mitt Romney's speech about Donald Trump's candidacy. Bender speaks on "Bloomberg Markets."

Mitt Romney called Republican presidential front-runner Donald Trump a phony and urged voters to look beneath the surface during a speech at the University of Utah on Thursday.

Instead, the 2012 Republican presidential nominee and venture capitalist encouraged the electorate to consider any of the party’s other candidates, including Florida Sen. Marco Rubio, Texas Sen. Ted Cruz, and Ohio Gov. John Kasich.

Romney also warned that Trump’s tariffs would provoke a trade war and kill export jobs. He also raised questions about his tax plan, saying it would increase the deficit and national debt. Additionally, he said bombshell information lurks within his tax returns, which Trump has yet to release.

“But wait, you say, isn’t he a huge business success that knows what he’s talking about? No, he isn’t. His bankruptcies have crushed small businesses and the men and women who worked for them. He inherited his business, he didn’t create it,” Romney said.


WATCH: Mitt Romney Vs. Donald Trump: Romney Calls Trump A Con Man, Liar And A Fraud 

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“And what ever happened to Trump Airlines? How about Trump University? And then there’s Trump Magazine and Trump Vodka and Trump Steaks, and Trump Mortgage? A business genius he is not.”

As expected, Trump struck back at Romney in interviews before the address.

Mitt Romney is a stiff,” Trump said on NBC’s Today Show. “He got killed, he got decimated in the election.”

Click here to read Romney’s entire speech.

Do you think Romney can stop Trump? Let us know in the comments.

PHOTO CREDIT: Getty | VIDEO CREDIT: Inform

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