China is Buying More Canadian Oil, Thanks to Trump's Tariffs

Let’s take a look at Canada’s evolving trade relationship with China, as rising US tariffs force a rethink of our economic dependencies. With Donald Trump ramping up tariff threats and Prime Minister Mark Carney pushing back, the Canadian government is making a calculated pivot toward China—now the top buyer of Canadian crude oil via the Trans Mountain pipeline. In Episode 190, we’ll discuss how Canada’s renewed focus on China–Canada trade includes efforts to eliminate tariffs on key exports like canola and seafood, and how trade diversification is becoming central to Carney’s economic vision. But this isn’t blind optimism—Carney is clear that engagement with China must be deliberate and strategic, not naive.Don’t forget to like, follow and subscribe across our channels! Thank you.This episode was recorded on: August 1, 2025Become a YouTube channel member or paid SubStack subscriber to hear Bill’s stories and life lessons from 50+ years as a broadcast journalist in his members-only series, MORAL OF THE STORY: https://www.youtube.com/channel/UCeUbzckOLocFzNeY1D72iCA/joinListen to The Bill Kelly Podcast everywhere: https://kite.link/the-bill-kelly-podcastSubStack: billkelly.substack.com/YouTube: https://www.youtube.com/@TheBillKellyPodcast/featuredBlueSky: https://bsky.app/profile/thisisbillkelly.bsky.socialLinkedIn: https://www.linkedin.com/in/thisisbillkelly/TikTok: https://www.tiktok.com/@thebillkellypodcastFacebook: https://facebook.com/TheBillKellyPodcastInstagram: https://www.instagram.com/thisisbillkelly/*Comment ‘likes’ on behalf of this channel are an acknowledgment of your comment, not necessarily an endorsement of its contents. Thanks for joining these critical discussions in critical times!CHAPTERS00:00 Economic Relations with China: A New Perspective02:53 Canada's Oil Trade and Economic Diversification05:48 Navigating Trade Challenges and Opportunities09:00 Future Prospects: Expanding Trade PartnershipsFURTHER READINGChina’s record purchases of Canadian crude could be a harbinger of more deals to comehttps://www.ctvnews.ca/world/trumps-tariffs/article/eric-ham-chinas-record-purchases-of-canadian-crude-could-be-a-harbinger-of-more-deals-to-come/Premiers call for improved relationship with China during trade war with the U.S.https://www.ctvnews.ca/canada/article/trade-trump-and-china-dominate-final-day-of-premiers-gathering/U.S., EU agree to framework for trade deal that puts 15% tariff on European goodshttps://www.cbc.ca/news/world/us-eu-trade-deal-tariff-1.7595078China-Canada Relations: High Tariffs and Low Trusthttps://opencanada.org/china-canada-relations-high-tariffs-and-low-trust/South Korea pitches Canada on $20B-plus plan for subs, armoured vehicleshttps://www.cbc.ca/news/politics/south-korea-canada-submarines-artillery-defence-1.7523180With US trade war, China now top buyer for Canadian crude on Trans Mountain pipelinehttps://www.reuters.com/business/energy/with-us-trade-war-china-now-top-buyer-canadian-crude-trans-mountain-pipeline-2025-05-16/?utm_source=chatgpt.comHASHTAGS#News#Politics#BreakingNews#PoliticalNews#PoliticalCommentary#NewsToday#NewsUpdates#NewsCommentary#PoliticalCommentary#CanadaNews#TodayNews#Tariffs#TrumpTariffs This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit billkelly.substack.com/subscribe