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Trump blocks Chinese purchase of US semiconductor maker

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President Donald Trump yesterday blocked a Chinese government-financed company's proposed acquisition of an Oregon semiconductor maker.

Canyon Bridge Capital Partners had sought to buy Lattice Semiconductor for $1.3 billion.

"Credible evidence leads me to believe" the buyers of Lattice "might take action that threatens to impair the national security of the United States," Trump said in his order.

Read more from The Associated Press.

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