Semolina made by US company in company with us (8)
I believe the answer is:
couscous
'semolina' is the definition.
(type of semolina)
'us company in company with us' is the wordplay.
'company' becomes 'co' (abbreviation).
'in' indicates putting letters inside.
'company' becomes 'co' (abbreviation).
'with' says to put letters next to each other.
'us'+'co'='usco'
'co'+'us'='cous'
'usco' placed into 'cous' is 'COUSCOUS'.
'made by' acts as a link.
(Other definitions for couscous that I've seen before include "food" , "Form of semolina" , "African dish of crushed steamed semolina" , "North African dish of crushed durum wheat" , "Wheat grain (N. Afr.)" .)