Our Donald Question of the Day: What Is “No PP” Supposed to Mean?

Apologies for the lousy video, but can someone please explain this:

Here’s a transcript, such as it is:


TRUMP: No PPP, you’re right about that. [Smirks toward crowd.] And you mean, no PP.

Trump is such a moron that he doesn’t realize right off what the guy is talking about and says “No PPP.”1 Then he smirks and makes a little aside. Does he mean “no pee pee”? Is he that much of a child? Was it something else? WTF was this supposed to mean?

1Someone must have yelled at him about this in his ear, because a few seconds later he said, “We’re not going to approve, as someone just said, the Trans. Pacific. Partnership.” He drew out the last three words very slowly and carefully.