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

On this episode of The Trade Guys, Bill and Scott sit down with Dawson Law, Founder of Conseil Global Advisors and former Representative to the United Kingdom for the U.S. Treasury Department, to discuss the role of the dollar and the use of currencies in today's global economy.

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.

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.

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.

Bill and Scott welcome Angela Ellard, Senior Adviser at CSIS and previous Deputy Director-General of the WTO, to discuss the 2026 WTO Public Forum and the future of multilateral trade.

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.

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.

Bill and Scott unpack President Trump's efforts to bring down beef prices by increasing imports and what that means for American ranchers, discuss key takeaways from this week's G20 finance meetings, and check back in on U.S.-Canada trade talks and Canada's retaliatory tariffs.

Bill and Scott welcome Dennis Darby, President and CEO of Canadian Manufacturers & Exporters (CME), to discuss last week's U.S.-Canada trade meltdown, where negotiations stand now, and what comes next.

On this episode, the Trade Guys discuss the latest developments in U.S.-Canada trade negotiations, a recent court ruling on the Trump administration's 2025 move to end the de minimis exemption, and a new White House report on tariff evasion and transshipment.