Newton's Third Law states "For any action, there is an equal and opposite reaction." By "action" Newton meant a force, so for every force one body exerts on another body, that second body exerts a force of equal magnitude but opposite direction back on the first body. Since all forces are exerted by bodies (either directly or indirectly), all forces come in pairs, one acting on each of the bodies interacting.
Though there may be two equal and opposite forces acting on a single body, it is important to remember that for each of the forces a Third Law pair acts on a separate body. This can sometimes be confusing when there are multiple Third Law pairs at work. Below are some examples of situations where multiple Third Law pairs occur.