U.S. President Donald Trump said on Friday that he has indefinitely suspended the threat of tariffs against Mexico after reaching “a signed agreement” on immigration.

“I am pleased to inform you that The United States of America has reached a signed agreement with Mexico,” Trump said on Twitter. “The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended,” he said.

“Mexico, in turn, has agreed to take strong measures to stem the tide of Migration through Mexico, and to our Southern Border. This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States,” Trump said.

"The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended," the president tweeted.

He added: "Mexico, in turn, has agreed to take strong measures to stem the tide of Migration through Mexico, and to our Southern Border."

Mexico Foreign Minister Marcelo Ebrard in a tweet confirmed the agreement. In a separate tweet, he thanked all who supported Mexico through its negotiations with the United States.

Mexican Ambassador Martha Bárcena also wrote in a tweet translated into English: After several days of negotiations and 12 hours today in the State Department, we reached an agreement with the United States to address the humanitarian crisis stemming from the recent migratory flows that have affected our two countries.