Presidential elections 2016 latest news: Clinton on Trump, Trump on Clinton

The race toward the upcoming United States presidential elections is heating up, with presumptive nominees Donald Trump for the Republicans and Hillary Clinton for the Democrats taking swipes at each other to gain the support of the voting public.

On Tuesday, Clinton made assertions that, according to CBS News, are true in some points but false in others.

"Donald Trump ... has no serious plan to encourage manufacturing, innovation or job creation in America," she said, but the report mentions that Trump intends to encourage business in the United States by proposing to cut corporate tax rates from 35 percent to 15 percent.

And while she previously called the Trans-Pacific Partnership as "gold standard" of trade agreements, she said during her speech that such agreements should be rejected.

"I believe we can compete and win in the global economy," she was quoted as saying. "To do that, we should renegotiate deals that aren't working for Americans, and reject any agreements - like the Trans-Pacific Partnership - that don't meet my high bar for raising wages or creating good-paying jobs. "

On Wednesday, Trump made a speech that, according to CNN, rasised valid questions regarding Clinton's position, such as those about foreign policy, email issues, and fund raising practices.

"The Hillary Clinton foreign policy has cost America thousands of lives and trillions of dollars -- and unleashed ISIS across the world," he said. "No secretary of state has been more wrong, more often, and in more places than Hillary Clinton. Her decisions spread death, destruction and terrorism everywhere she touched."

The report notes, however, that Trump's speech was more about trashing Clinton than discussing policies, calling the former first lady "a world-class liar." And while he is said to have raised valid points, some of his assertions were reportedly unfounded, such as his claim that he was against the Iraqi war even before it started. A video that circulated online also shows Trump questioning Clinton's faith, saying that people don't know "anything about Hillary in terms of religion."

"Think about it. He's going after me personally because he has no answers on the substance," Clinton said on Wednesday, according to Fortune. "So all he can try to do is try to distract us. That's why he's attacking my faith."