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, while also considering a 25% duty generally on European Union goods.

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.

"It'll be 25% generally speaking and that will be on cars and all other things." The European Union said it would react "firmly and immediately against unjustified tariffs". Trump's appearance sparked questions about his trade plans,

Trump has delayed a 25% tariff he was set to impose on imports from Canada and Mexico. Trump said on Wednesday that the

During the first Cabinet meeting of his second term, President Trump said that tariffs on European Union products would be at 25 percent in general and signaled that duties on Canada and Mexico will take effect in early April.

Speaking during his first cabinet meeting, attended by many reporters, Trump said he’ll be announcing detailed EU tariffs “very soon,” noting that “it’ll be 25% generall

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.

These common imports from the European Union could cost more if Trump follows through on plans to enact 25% tariffs.