Trump revives 'Crazy Bernie' nickname one day after Sanders enters race

President TrumpDonald John TrumpMark Kelly clinches Democratic Senate nod in Arizona Trump camp considering White House South Lawn for convention speech: reports Longtime Rep. Lacy Clay defeated in Missouri Democratic primary MORE on Wednesday welcomed "Crazy Bernie" Sanders to the 2020 Democratic presidential primary one day after he wished the independent Vermont senator well in his newly launched campaign.

"Crazy Bernie has just entered the race," Trump tweeted. "I wish him well!"

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Trump, who occasionally derides Sanders as "Crazy Bernie," first weighed in Tuesday afternoon on the senator's decision to pursue the Democratic nomination for president.

"Personally I think he missed his time," Trump told reporters in the Oval Office. "But I like Bernie because he is one person that, you know, on trade he sort of would agree on trade. I'm being very tough on trade, he was tough on trade."

"The problem is he doesn’t know what to do about it," Trump continued. "We’re doing something very spectacular on trade. But I wish Bernie well. It will be interesting to see how he does."

Sanders fired back at Trump's tweet on Wednesday morning, saying it is "crazy" that the U.S. has "a president who is a racist, a sexist, a xenophobe and a fraud."

"We are going to bring people together and not only defeat Trump but transform the economic and political life of this country," he added.

Sanders announced Tuesday morning he will run for president in 2020, four years after his insurgent primary campaign garnered significant momentum. He eventually ceded the Democratic nomination to Hillary ClintonHillary Diane Rodham ClintonThe Hill's Campaign Report: Even the Post Office is political now | Primary action tonight | Super PACS at war Should Biden consider a veteran for vice president? Biden leads Trump by nearly 40 points in California: poll MORE.

Sanders joins a growing list of candidates seeking the Democratic nomination in 2020. Among those to launch a bid are Sens. Elizabeth Warren (D-Mass.), Kamala Harris (D-Calif.), Amy Klobuchar (D-Minn.) and Cory Booker (D-N.J.).

Former Vice President Joe BidenJoe BidenMark Kelly clinches Democratic Senate nod in Arizona Hillicon Valley: NSA warns of new security threats | Teen accused of Twitter hack pleads not guilty | Experts warn of mail-in voting misinformation Biden offers well wishes to Lebanon after deadly explosion MORE and former Rep. Beto O'RourkeBeto O'RourkeBeto O'Rourke calls Texas GOP 'a death cult' over coronavirus response Hegar, West to face off in bitter Texas Senate runoff Bellwether counties show trouble for Trump MORE (D-Texas) are among those who are expected to announce soon whether they will run in 2020.