Story
China Expands Export Controls on Chemical Precursors Ahead of Xi-Trump Summit

Summary
China's commerce ministry has added two substances to its list of controlled chemical precursors requiring export permits for shipments to the U.S., Mexico, and Canada, a move that comes days before a key diplomatic summit.
China announced on Tuesday it has expanded export controls on two additional chemical precursors, tightening regulations on shipments to the United States, Mexico, and Canada. The move, disclosed by the country's commerce ministry, comes just days before a scheduled meeting between Chinese President Xi Jinping and U.S. President Donald Trump in Washington.
New Permit Requirements
Under the updated rules, Chinese exporters must now obtain specific permits before shipping the two newly listed chemicals. This action brings the total number of controlled substances requiring export licenses for the three North American countries to 18, including their possible salts, according to the commerce ministry's statement.
The policy is a direct response to ongoing pressure from the United States. The Trump administration has repeatedly called on Beijing to take stronger measures to stop the outflow of chemicals used in the manufacturing of fentanyl, a powerful synthetic opioid implicated in a significant number of overdose deaths in the U.S.
AdBroader Control Framework
These new controls are specific to North America and build upon China's existing export regulations. Beijing will continue to enforce permit requirements for a separate list of 41 controlled chemicals for shipments destined for Myanmar, Laos, and Afghanistan.
Shipments of the listed substances to other countries and regions are not currently subject to these permit requirements, the ministry clarified. The targeted nature of the controls highlights the geopolitical sensitivities surrounding the flow of these materials.
Read next
More on Stocks
UBS Shares Fall Over 3% Amid Standoff on Swiss Capital Requirements
Shares of UBS Group fell more than 3% after CEO Sergio Ermotti publicly opposed stringent new capital requirements proposed by Swiss regulators in the wake of the Credit Suisse collapse, arguing the rules would damage its competitiveness.

Digia Cuts 2026 Profit Forecast, Cites Project Setbacks and Market Uncertainty
Finnish IT firm Digia Oyj has issued a profit warning, lowering its 2026 profit outlook and anticipating that its EBITA will fall below the previous year's level due to project-related challenges and an uncertain operating environment.

NHTSA Closes Honda Ridgeline Camera Probe, No Further Action Required
U.S. auto safety regulators have concluded an investigation into rear-view camera failures in nearly 130,000 Honda Ridgeline trucks, determining that a 2022 recall fix was adequate and no further action is needed.

Citi Warns of Short-Squeeze Risks as Bearish Bets Rise in Global Stocks
A new report from Citi strategists highlights that growing short positions in U.S., European, and Asian equity markets have created conditions for a potential sharp rally, as many bearish bets are currently unprofitable.