U.S. President Donald Trump has blocked a Chinese-backed investor from buying American chip maker Lattice Semiconductor Corp., only the fourth time in a quarter century that a U.S.president has banned a foreign takeover of an American firm on national security grounds. The action could put in question a number of other pending Chinese acquisitions in the U.S., as the likelihood of government scrutiny of such deals has increased significantly. Ant Financial’s proposed acquisition of MoneyGram International Inc. and Chinese conglomerate …

President Trump Blocks China-Backed Buyout Of US Chip-Maker Lattice Semiconductor appeared first on China Money Network.