President Donald Trump has temporarily suspended stiff new tariffs on Canada and Mexico, easing the fears of homebuilders who had warned the measures could raise the cost of key building materials used in home construction.

Trump has long proposed raising tariffs—or taxes on imported goods that the businesses importing them pay the U.S. government—before the election, and said in November he’ll impose a 25% tariff rate on all imports from Mexico and Canada on the first day of his presidency and will impose an additional 10% tariff rate on all imports from China on top of other tariffs.