OMG, this chip shortage thingy is literally taking over the auto industry 

! EU car makers are super worried as their production lines might grind to a halt due to the global shortage 

. I mean, it's not just BMW or Peugeot that's affected, but all the big players like Mercedes and Fiat too 

. And it's not just cars, semiconductors are essential for electronics in vehicles, so this is like a domino effect situation 

.
I'm not surprised though, given the tensions between Europe and China have been escalating for ages 

. Beijing's response to the Netherlands seizing Nexperia was like, totally not what anyone wanted 

. And now they're basically holding the EU hostage with their trade powers 

. I guess we'll just have to wait and see if the high-level delegation from Beijing can sort this out in Brussels 

.
The thing is, it's not just about fixing this problem super-quickly, but also understanding that China's attitude has changed since April 

. They're no longer just using hardballing as a tactic, but actually targeting industries directly 

. So yeah, the stakes are high and the consequences of failure could be severe 
