WeChat and Tiktok to be blocked from Sunday | Peter Cardillo to ET Now

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WeChat and Tiktok to be blocked from Sunday | Peter Cardillo to ET Now

Peter Cardillo, Chief Market Economist, Spartan Capital Securities LLC speaks to ET Now about trading along the flatline and Donal Trump administration’s ban on TikTok and WeChat. The business transactions with two mobile applications will be banned by the United States. It is reported that the United States downloads of WeChat and TikTok will be blocked from Sunday. Apple and Google play store is said to remove the mobile application. The United States says that there exists a threat due to similar mobile applications. TikTok has been asked to resolve security concerns before November 12. He then talks about the United States elections and how the market has been responding to that.