President Trump said he was unaware that the term "shylock" is considered antisemitic, after using it during his Iowa speech Thursday to describe lenders that add too many conditions on their loans.

Trump said he "never heard it that way" and did not recognize that it was an offensive term for Jewish people. The word comes from a Shakespeare's "The Merchant of Venice," in which a Jewish lender requires a debtor hand over a pound of flesh as interest.

"To me, Shylock is somebody that’s a money lender at high rates," he told reporters after returning to Washington. "I’ve never heard it that way. You view it differently than me. I’ve never heard that."

His use of the term came during a speech celebrating........

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