Trump

Trump Blocks China-Linked Semiconductor Deal, Citing National Security Threat

[Gage Skidmore, CC BY-SA 3.0 >, via Wikimedia Commons]

President Donald Trump on Friday moved to block a semiconductor transaction involving a U.S.-based firm controlled by a Chinese national, issuing an executive order that halts a planned acquisition over national security concerns tied to China’s growing footprint in critical technologies. In the order, Trump said there is “credible evidence” suggesting that HieFo Corporation, a…

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