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.

The rapid reversal “helped alleviate growth and inflation concerns from prolonged tariff disruptions,” said Dan Pan, an economist at Standard Chartered Bank.Trump signed the order to delay tariffs for both countries after starting the day by saying duties would be delayed for Mexico,

President Donald Trump signs an order postponing tariffs for one month on certain Mexican and Canadian goods that fall under an existing free-trade agreement.