President Trump's tariffs against Mexico have been "indefinitely suspended," he was proud to report on Friday night. He explained that the two parties managed to reach some sort of agreement.

I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended. Mexico, in turn, has agreed to take strong measures to.... — Donald J. Trump (@realDonaldTrump) June 8, 2019

....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. Details of the agreement will be released shortly by the State Department. Thank you! — Donald J. Trump (@realDonaldTrump) June 8, 2019

Last week Trump threatened a 5 percent tariff on all goods imported from Mexico and was planning to enforce them on Monday unless the government agreed to help stem the tide of illegal immigration.

According to the new agreement, which is posted on the State Department website, Mexico will be deploying national guard troops throughout the country and to the border and will be "taking decisive action to dismantle human smuggling and trafficking organizations as well as their illicit financial and transportation networks." The two countries will also reportedly be working closely to follow Migrant Protection Protocols.

"This means that those crossing the U.S. Southern Border to seek asylum will be rapidly returned to Mexico where they may await the adjudication of their asylum claims," State explains. "In response, Mexico will authorize the entrance of all of those individuals for humanitarian reasons, in compliance with its international obligations, while they await the adjudication of their asylum claims. Mexico will also offer jobs, healthcare and education according to its principles."