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Squawk Pod

Extended Interview with Donald Trump on TikTok, China, & “An Enemy of the People”

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 11 March 2024

⏱️ 55 minutes

🧾️ Download transcript

Summary

In an extended interview, presumptive Republican presidential nominee Donald Trump shares his vision for TikTok, China, electric vehicles, and tariffs, should he win the 2024 election. Trump discusses his March meeting with Elon Musk, as well as his recent shift in position on banning TikTok. He points to curbing the growth of Facebook, which he considers “an enemy of the people,” as one reason not to ban TikTok. Former SEC Chairman Jay Clayton, a one-time member of the Trump administration, considers the regulatory changes awaiting in a second Trump administration. On Capitol Hill, lawmakers prepare to vote on a bill that could block TikTok in the U.S.; CNBC’s Emily Wilkins reports, many DC players are lobbying for the platform. Plus, CNBC’s Leslie Picker has the details of Reddit’s updated IPO filing, bitcoin is climbing, and Nvidia is weathering a lawsuit and some stock volatility. Emily Wilkins - 03:47 Leslie Picker - 09:47 Jay Clayton - 14:19 Donald J. Trump - 15:03 In this episode: Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Melissa Lee, @MelissaLeeCNBC Cameron Costa, @CameronCostaNY

Transcript

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0:00.0

Bring in show music please.

0:04.0

This is Squawk Pod from CNBC.

0:07.0

I'm producer Cameron Costa and on today's episode,

0:10.0

Reddit aims to raise almost 750 million dollars in its upcoming IPO.

0:16.7

C. NBC's Leslie Picker combed through their latest S-1 filing.

0:21.2

I'm told the company is aiming to set a final price in the middle of next week and will

0:25.2

debut the following day with a listing on the NYC.

0:28.8

Bitcoin hitting new records and Invidia moving up, moving moving up, moving up again.

0:35.0

It was a 10% reversal intraday and so people are wondering if the easy days of

0:39.2

in video are behind it.

0:41.4

And then a huge interview with former President Donald Trump, his first since President

0:47.1

Biden's State of the Union address.

0:48.9

China is right now our boss. They are the boss of the United States almost like we're a subsidiary of

0:55.4

China and that's because the Biden administration has been so weak.

0:59.4

Mr President, is there no concern that China could impose retaliatory tariffs or retaliatory actions that would make doing business in China difficult for American companies, which are dependent on China for growth?

1:10.0

It's okay?

1:11.0

It's okay?

1:12.0

He explains his TikTok swap once ProBan

1:15.1

and now changing course.

1:17.0

The thing I don't like is that without TikTok,

1:19.5

you can make Facebook bigger.

1:21.1

And I consider Facebook to be an enemy of the people along with a lot of the media.

...

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