This story was originally published here.
Anyone still optimistic about U.S.-China relations got a rude awakening on Friday morning.
First, there was the news that Washington will ban China’s flagship tech firm Huawei Technologies Co. from buying critical U.S. products. But there was an even more important headline.
The world’s leading microchip maker, Taiwan Semiconductor Manufacturing Co., said it’s building a $12 billion foundry in Arizona. That’s a huge step away from the Chinese market … and a huge opportunity for the U.S.
It was another sign that the times are changing and supply chains along with it. And as Ted and Clint Lee explain in this week’s installment of Your Money Matters, big change means big opportunity … IF you know where to look.
Editor's Note: Click here to see the video.
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