Nigeria, March 12 -- 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 White House doubled tariffs on its northern neighbor's steel and aluminium imports to 50% at one point during a contentious but short-lived tariff dispute with Canada. This was in reaction to Ontario Premier Doug Ford's announcement that he would raise electricity exports to the United States by 25%.

However, cooler heads won out, and the trade war has been put on hold. Even after the deal, investors sold off their stocks because they were uneasy about the ongoing tariff ruction, which caused the S&P 500 to drop into correction territor...