European stocks are expected to open lower after Trump signed an executive order imposing new import tariffs on goods from 69 countries and the EU. Tariffs range from 10-41%, with India, Brazil, and Canada facing steep taxes. Market reaction remains muted, despite threats of retaliation. U.S. warned China of 100% tariffs on sanctioned Russian oil purchases. Economic data and earnings reports, including Apple’s record revenue, will be in focus. Asian markets were mostly lower, oil prices steadied, and gold dipped. U.S. stocks closed lower as economic concerns offset positive tech earnings. European stocks also ended lower on Thursday.

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