Nigeria, April 17 -- 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.

There are several types of trade obstacles, tariffs being only one example. Other challenges include onerous licensing procedures, export limitations, and shipping fines.

On Tuesday, Nvidia said that it will pay $5.5 billion to cancel semiconductor exports to China due to new licensing regulations from the US government. Beijing has increased antitrust inspections of U.S. companies and imposed export curbs on rare earth elements in response to Trump's tariffs. The Trump administration has been considering levying taxes on container ships bu...