A potential trade war between the United States and its two neighbors has been thwarted for now, though the U.S.-China status remains murky after both parties implemented tariffs on Tuesday, their leaders yet to speak with one another as of late afternoon.

President Trump has threatened 25% tariffs on imports from Canada and Mexico, as well as an additional 10% tariff on imports from China. Here’s what you need to know.

President Trump agreed to delay tariffs on Mexico and Canada for a month after both countries pledged to do more to block drugs and migrants.