US President Donald Trump said he will hold off on raising tariffs on Chinese goods over the country’s purchases of Russian oil, citing progress he said was made with Vladimir Putin toward ending the war in Ukraine.

Brazilian President Luiz Inácio Lula da Silva slammed U.S. tariff policies while speaking at the opening ceremony for Chinese automaker GWM’s factory in São Paulo.

President Trump’s order continues a reprieve from the threat of escalating tariffs and export controls, which rocked the global economy earlier this year.