Nigeria, May 6 -- 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.
Alongside the perplexing calculation his government employed to set the level of tariffs, the 100% tax on films made outside the United States is among the strangest of all the tariff acts announced by U.S. President Donald Trump.
Trump did not provide specifics about the tariff's operation or if it would be implemented, but the mention of the tax alone caused shares of media and entertainment firms like Netflix and Paramount to decline.
What would the cultural effects of those tariffs be apart from the costs? Would the Best Foreign Film Osca...
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