Nigeria, April 9 -- 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.

Trump's tariffs, which include a horrifying 104% duty on Chinese imports, will go into effect in a few hours.

Officials from the Trump administration have been obstinate in defending its trade policy, despite mounting outrage and worry from CEOs and economists. While trade advisor Peter Navarro stated on Friday that tariffs are not negotiable, Treasury Secretary Scott Bessent said on Tuesday that about 70 nations want to talk about agreements with the White House. (It seems to be up for debate whether discussing transactions is a sort of neg...