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China replacing US oil with Canadian

Summary by Signs of the Times
Beijing has reportedly slashed purchases of American crude by 90% amid the tariff war. China has been importing record amounts of crude oil from Canada and drastically reducing supplies from the US in light of the trade war with Washington, Bloomberg reported on Wednesday. Washington and Beijing have implemented a series of reciprocal tariff hikes over the past two months in light of which the latter has slashed purchases of US oil by roughly 90…
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Signs of the Times broke the news in on Saturday, April 19, 2025.
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