Friday, September 15, 2017

Trade War Threats Continue

Trump Blocks Chinese Takeover of US Computer Chip Company

President Donald Trump has blocked the acquisition of a U.S. computer chip manufacturer by a Chinese company, calling it a threat to national security. The Chinese-owned Canyon Bridge Fund has sought to take over Oregon-based Lattice Semiconductor Corp. The U.S. Treasury Department, acting under Trump’s orders, said Wednesday it is prohibiting the deal. It says the…

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