IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

Yes

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Sep 2017 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On September 13, 2017 President Trump issued an “Order Regarding the Proposed Acquisition of Lattice Semiconductor Corporation by China Venture Capital Fund Corporation Limited.” The order prohibits the acquisition of Lattice Semiconductor by Canyon Bridge Acquisition Company, Inc. and its affiliated entities. The order also prohibits “any substantially equivalent transaction, whether effected directly or indirectly by the Purchasers, through the Purchasers’ shareholders or shareholders’ immediate, intermediate, or ultimate foreign person beneficial owners, or through the Purchasers’ subsidiaries, is also prohibited.”

This action was taken under presidential authorities related to national security, including section 721 of the Defense Production Act of 1950 and section 721 and the International Emergency Economic Powers Act. According to the order, the president had “credible evidence” that “through exercising control of Lattice Semiconductor Corporation” Canyon Bridge “might take action that threatens to impair the national security of the United States.”

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

471 Electronic valves & tubes; electronic components; parts
8541 Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes; mounted piezoelectric crystals.
854110 Diodes, other than photosensitive or light emitting diodes
854121 With a dissipation rate of less than 1 W
854129 Other
854130 Thyristors, diacs and triacs, other than photosensitive devices
854140 Photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes
854150 Other semiconductor devices
854160 Mounted piezoelectric crystals
854190 Parts

Please report this page in case you detect an inaccuracy in its content.