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.

Mexican President Claudia Sheinbaum told supporters in a massive rally on Sunday that dialogue and respect had prevailed in achieving a pause on U.S. tariffs and that the sovereignty of Mexico would always come first.

President Trump's sweeping tariffs threatened to upend free trade in North America and sent shock waves through the global supply chain.