Beneath the Surface: The Second-Tier Supplier Vulnerabilities US Companies Are Only Now Beginning to Understand
As US corporations accelerate their pivot away from Chinese manufacturing, many are inadvertently concentrating new risks within Southeast Asia's less-scrutinized component and raw material suppliers. Supply chain audits are exposing dangerous dependencies across Indonesia's nickel sector, Vietnam's semiconductor assembly lines, and Thailand's automotive parts networks—vulnerabilities that, left unaddressed, could prove as disruptive as the crises companies sought to escape.