KEY POINTS
  • Donald Trump, the presumptive Republican presidential nominee and former U.S. president, told CNBC he fears that banning Chinese-owned social app TikTok would only serve to empower Facebook, which he labelled an "enemy of the people."
  • Trump said that "there's a lot of good and there's a lot of bad" with TikTok, but that banning the platform could effectively help Facebook, which is owned by Meta, double in size.
  • Trump's view on TikTok contrasts with that of incumbent U.S. President Joe Biden, who has said he would sign a bill to ban the app, if Congress passes it.

Presumptive Republican presidential nominee Donald Trump on Monday raised concerns about efforts to ban Chinese-owned social media app TikTok in the U.S., saying it would only serve to empower Meta's Facebook platform.

"Without TikTok, you can make Facebook bigger, and I consider Facebook to be an enemy of the people," Trump, who was formerly U.S. president between 2017 and 2021, said in an interview Monday on CNBC's "Squawk Box."