European markets are expected to open in negative territory on Friday, after U.S. President Donald Trump threatened once again to slap tariffs on the EU and followed through with new levies on Canada and Mexico.

President Donald Trump is shaking up the world economy. His tariff plan proposes a 25% tariff on imports from Mexico and Canada, 10% to 60% on Chinese goods, and 25% tariffs on goods coming from the 27-member nation European Union.

A White House official, however, said Trump's previous March 4 deadline for the 25% tariffs on Mexican and Canadian goods remained in effect "as of this moment," pending his review of Mexican and Canadian actions to secure their borders and halt the flow of migrants and the opioid fentanyl into the U.

President Donald Trump on Wednesday gave a series of apparently contradictory answers about his plans to enact tariffs on Canada and Mexico, as well as the European Union.

Proposed 25% tariffs on goods from Canada and Mexico are due to take effect next week, in addition to tariffs on the EU already announced. LEARN MORE | Washington state's $29 billion Canada trade link at risk by ongoing tariff disputes Home builders tell KOMO News they are worried about their bottom line.

President Donald Trump on Wednesday gave a series of apparently contradictory answers about his plans to enact tariffs on Canada and Mexico, as well as the European Union.

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of

The American president met with British Prime Minister at the White House to discuss Ukraine, tariffs, and a possible Trump state visit to England.

U.S. President Donald Trump on Wednesday raised hopes for another month-long pause on steep new tariffs on imports from Mexico and Canada, saying they could take effect on April 2, and floated a 25% "reciprocal" tariff on European cars and other goods. Julian Satterthwaite reports.

U.S. President Donald Trump's recent comments during his first cabinet meeting on Wednesday have created confusion regarding tariffs on goods from Canada and Mexico