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This is really reductive.
I think coverage of him before 2015 is much more enlightening. One I always point to is the Market Foolery podcasts on Trump, where (TL;DR) he tries to sell private real estate to his public company at highly inflated prices, and hyping the market to buy into this technically-not-illegal scheme.
Thing is, he's good at that kind of scheme. It worked! It wasn't illegal, just basically selling a turd. The Motley Fool saw through it (and met him in person to discuss it, which is what the podcast is about) and made the only short of their career, but still, people drastically underestimate Trump's ability to "sell" ideas that benefit him, to their detrement.
And most likely someone else came up with that scheme.
I don't think so. It's classic Trump and fits his long pattern of behavior, of not quite lying in the technical sense while selling some kind of snake oil.
Couldn't be a pattern of the people he hires and ethics he's happy to not have? This isn't evidence that he's smart