China will want to retaliate for TikTok, WeChat ban: Man Group's Luke Ellis

The commerce department announced Friday morning that it would ban U.S. business transactions with China-owned social apps WeChat and TikTok on Sunday. Man Group is one of the world's largest hedge funds with more than $100 billion in assets under management. Man Group CEO Luke Ellis joins "Squawk Box" to discuss what this move could mean for the global economy and the markets.
Fri, Sep 18 20208:37 AM EDT