President Donald Trump has hailed a deal reached with Mexico to help stem the flow of migrants to the US after he threatened to impose trade tariffs, APA reports citing BBC.
Under the deal, in which Mexico agreed to take "unprecedented steps", the duties that were due to come into effect on Monday have been suspended.
"Mexico will try very hard, and if they do that, this will be a very successful agreement," said Mr Trump.
There were fears that the tariffs could hurt US businesses and consumers.
Under Mr Trump's proposal, duties would have risen by 5% every month on goods including cars, beer, tequila, fruit and vegetables until they hit 25% in October.
The deal was reached at the end of three days of negotiations which saw Washington demand a crackdown on Central American migrants.