China engages in dialogue with Brazilian automakers to prevent chip shortage

In response, the Chinese government suspended the export of semiconductors produced at the factory located in China. In this context, the Asian country and the United States announced a trade agreement that opens up prospects for a possible resolution to the problem. Facing this scenario, Brazilian automakers estimate having semiconductors for only two more weeks of production. During the dialogue with the Chinese Embassy, Vice President Geraldo Alckmin requested priority in chip supply to Brazilian companies. ‘The automotive chain employs 1.3 million people and has a direct impact on other sectors, such as steel, chemical, plastic, and rubber. We still need to see how this will happen in practice, but today we took an important step for the Brazilian automotive industry to continue growing and generating quality jobs,’ says Alckmin.