China delays approval of $35 billion merger between Synopsys and Ansys: Report

China’s market regulator has postponed its approval of a proposed $35 billion merger between software companies Synopsys and Ansys after Donald Trump tightened chip export controls against China, the Financial Times reported on Friday.

The U.S. and China reached a tentative trade truce at talks in London this week after a previous agreement faltered over China’s curbs on mineral exports.