Brazilian prosecutors announced they are suing the Chinese carmaker BYD and two of its contractors for slave-like labor conditions. Prosecutors in Bahia state are seeking about $50 million in damages from BYD, China JinJiang Construction Brazil, and Tecmonta Equipamentos Inteligentes. The suit follows a complaint last year that led to the rescue of 220 Chinese workers. The charges include visa violations, withholding passports and salaries, and failing to provide the workers with adequate beds and bathrooms. (AP)
The Trump administration announced new curbs on sales of semiconductors, airplane parts, and chemicals to China, reportedly in response to Chinese controls over the export of critical minerals. Meanwhile, representatives from more than 40 European and Chinese semiconductor companies held talks in Beijing focusing on building resilience and supply chain security. Some European companies expect production to slow this week already due to rare earth mineral shortages. (NEW YORK TIMES)