President Donald Trump’s two-tiered trade deal with Vietnam aims squarely at practices China has long used to skirt US tariffs: The widespread legal shifting of production to Southeast Asian factories and the murkier and illegal “origin washing” of exports through their ports.

STORY: It could spell relief for companies like Nike.Donald Trump says he will put 20% tariffs on Vietnam’s exports to the U.S.That was lower than expected, meaning it may be good news for firms like the sportswear giant,

American goods will enter Vietnam duty-free in exchange for lower tariffs, the president says.