Some of the purported concessions that led to a 30-day pause on the tariffs were things Canada and Mexico had already done before Trump’s threat, but it’s complicated.

Trump walked back his tariff threat against Mexico on Monday after he said he had a “friendly conversation” with Mexican President Claudia Sheinbum. He announced last week that he would be imposing 25% tariffs on Mexico and Canada and an additional 10% tariff on China.