Nigeria, Feb. 20 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are.

The U.S. Federal Reserve rate-setting committee unanimously decided to keep rates unchanged in January, partly due to concerns about the effect of President Donald Trump's tariffs on inflation. On Tuesday, Trump suggested (additional) potential tariffs on certain industries to demonstrate the Fed's foresight.

Apple unveiled a new, inexpensive iPhone on Wednesday in an effort to increase its market share. However, if tariffs cause Apple and other U.S. corporations to boost costs, the competitively priced smartphone may lose some of its value ...