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.

This week, Trump unveiled the Vietnam deal, which imposes a 20% tariff on Vietnamese exports and a 40% tariff on transshipped goods. Though lower than the initial 46%, the rates exceed the interim 10%. Vietnam, however, says negotiations are still ongoing.