Spanish phrase
Hagamos las paces.
Meaning
Let's make up.
When to use it
It means that people want to make up. It is a casual way to end a disagreement and become friendly again.
Example dialogue
Te quité tu lápiz sin pedirlo. Perdón.
I took your pencil without asking. I'm sorry.
Está bien. Hagamos las paces.
Okay. Let's make up.