📊Executive Summary

The NESDC warns of slower economic growth in Asia and ASEAN for 2026, highlighting risks from trade tensions, geopolitical conflicts, and potential downturns in the electronics cycle. The report indicates that US import tariffs may impact manufacturing and exports, particularly in Japan and China, which could lead to a slowdown in industrial activity and electronics demand. The NESDC's insights suggest that procurement teams should closely monitor these geopolitical and economic developments as they may affect sourcing strategies and component availability....