An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.

The United States will place a lower-than-promised 20% tariff on many Vietnamese exports, Donald Trump said on Wednesday, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.

Vietnam said negotiators are still working to finalize the details of the trade deal announced by US President Donald Trump, providing little clarity to businesses and investors beyond the tariff rates disclosed so far.