ReferIndia News President Trump orders divestment in $2.9 million chips deal to protect US security interests

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President Trump orders divestment in $2.9 million chips deal to protect US security interests

Published on: Jan. 3, 2026, 6:57 a.m. | Source: The Economic Times

President Donald Trump on Friday ordered the unravelling of a $2.9 million computer chips deal that he concluded threatened US security interests if the current owner, HieFo Corp, remained in control of the technology.

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