The Trade Guys

U.S.-Russia Diesel Deal, Europe-China Hybrid Vehicle Agreement, and Tariff Refunds

The Trade Guys

Show Notes

Bill and Scott discuss the Trump administration’s new diesel deal with Russia, examine a new agreement between Europe and China to limit Chinese hybrid vehicle exports, and unpack the latest court ruling on refunds for the overturned emergency tariffs.

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Oct 13, 2026

Bill and Scott discuss France and Germany’s push to strengthen Europe’s trade defenses against China, examine the Trump administration’s pressure on allies over emergency diesel supplies, and unpack the status of major foreign investment pledges, including South Korea’s plans to invest in the United States.

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Bill and Scott break down what came out of the Trump-Xi Summit, take a look at the U.S. Trade Representative's gathering of G20 trade ministers in Milwaukee, and unpack why the EU is pressing China to limit exports of hybrid vehicles.

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On this episode, Bill and Scott talk with Scott Kennedy, Senior Adviser and Trustee Chair in Chinese Business and Economics at CSIS, to get his perspective on the upcoming summit between the U.S. and China. See Scott Kennedy's latest commentary on the subject "The U.S.-China Summit: Too Big and Too Small to Fail" here: The U.S.-China Summit: Too Big and Too Small to Fail.

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Bill and Scott follow up on President Trump's executive orders on beef, take a look at the Russia Sanctions Bill stalled in Congress, and discuss the push for closer ties between Canada and Europe plus what Italian pasta can tell us about the administration's approach to trade enforcement.

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