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Amid reform considerations, Trump utilizes foreign deal reviews

Joe Mont | September 26, 2017

On the campaign trail, President Trump repeatedly challenged the international business community, leveling particularly agitated accusations against China for undercutting American manufacturing, manipulating currency, and theft of intellectual property.

The White House has put action behind its complaints. The Committee on Foreign Investment in the United States (CFIUS) blocked the sale of Lattice Semiconductor to a consortium of Chinese investment funds that had agreed to buy it for $1.3 billion. Among the thwarted buyers was China Venture Capital Fund, a Chinese corporation owned by Chinese state-owned entities that manages industrial investments and venture capital.

Trump issued the executive order, rejecting an appeal by Lattice Semiconductor, on Sept. 13.

“The national security risk posed by the transaction relates to, among other things, the potential transfer of intellectual property to the foreign acquirer, the Chinese government's role in supporting... To get the full story, subscribe now.