President Trump suspended tariffs for both countries after Mexico’s leader presented her security successes, and after U.S. markets fell and business leaders urged the White House to change course.

President Donald Trump on Thursday postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. The White House insists its tariffs are about stopping the smuggling of fentanyl,

Mexico will be granted a month-long reprieve from tariffs on goods that fall under an existing free-trade agreement with the United States, Trump wrote on social media.