📊Executive Summary

The U.S. has exempted a range of electronics from new tariffs, significantly impacting global trade dynamics and supply chains. This decision is expected to enhance Southeast Asia's role in electronics manufacturing, particularly as U.S. companies seek alternatives to China. In 2024, U.S. imports from ASEAN reached approximately $352.3 billion, with electronics comprising nearly 20% of that total. Key players like Foxconn are expanding operations in Vietnam, while Malaysia continues to attract major semiconductor investments. This shift could lead to increased competition among ASEAN countries and influence procurement strategies for U.S. tech firms reliant on these regions....