US Severs Chinese Chip Deal Over Security Fears

Trump Orders Chinese-Controlled Firm to Unwind Chip Asset Deal

In a move that highlights the escalating tensions between the US and China, President Trump has ordered a Chinese-controlled firm to divest its stake in a US-based chip manufacturer due to national security concerns.

National Security Risks

The decision comes after a thorough review by the Committee on Foreign Investment in the United States (CFIUS), which raised concerns over the potential risks posed by the deal to the country's national security.

The order is a clear indication of the Trump administration's resolve to protect the US tech industry from foreign entities that could compromise national security.

Key Points:

• The Chinese-controlled firm had acquired a significant stake in the US-based chip manufacturer.
• The CFIUS review identified potential national security risks associated with the deal.
• The Trump administration has ordered the firm to unwind the deal and divest its stake.