📊Executive Summary

Brazil's automotive industry faces potential production halts within the next two to three weeks due to a semiconductor shortage. This warning was issued by Uallace Moreira, the secretary for industrial development, amid escalating geopolitical tensions affecting global chip supplies. The Brazilian government is urged to negotiate with China to ensure access to essential chips, as the recent Dutch government intervention with Nexperia, a major semiconductor producer, has led to export restrictions from China. The automotive sector, which constitutes about 20% of Brazil's manufacturing, could see significant job impacts if production stops....