President Donald Trump announced that he’s pausing tariffs on Mexico and Canada after speaking to leaders of both countries on Monday — just hours before the sweeping actions were set to go into effect.

Last-minute phone calls pull the North American neighbours back from the brink of a trade war, but the US is still targeting Chinese imports.

The pauses—which allow a period of negotiations over drug trafficking and border security—provide a cool-down period after a tumultuous few days that put North America on the cusp of a trade war.