AI Summary

Canada is preparing to escalate trade negotiations with the US as a new round of tariffs is reportedly set to be imposed by the Trump administration. The move comes as the US is already facing rising gas prices, with the cost of a gallon of fuel now exceeding $4, nearly a dollar more than it was a year ago. This increase is attributed to the ongoing conflict with Iran and a rise in the international oil benchmark, Brent Crude, which has reached $90.92 a barrel. Canada's proposed intensification of trade talks may be a response to the impending tariffs, which are set to affect a wide range of goods.

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