1.   American tariffs on goods manufactured in Vietnam will be sharply reduced, permitting American companies there to produce for export to the United States market.

2.   A fight at the World Trade Organization over the legality of American tariffs would be inevitable.

3.   China can find alternative markets for many goods if American tariffs are increased, but a common effort with Europe and Japan would have serious consequences for Chinese trade.

4.   Some independent economic analysts expect that companies like Nike would immediately add thousands of jobs in Vietnam if American tariffs of Vietnamese-produced goods are substantially lowered.

5.   The EU, which is frequently threatened by U.S. sanctions, has strongly criticized the punitive American tariffs levied on Japanese cars.

6.   The owner, Luc Olivier, described the move as a gesture of solidarity with French producers affected by the American tariffs.

7.   A final WTO ruling on the legality of the American tariffs, however, is not expected for at least two years.

8.   It says the American tariffs are illegal under WTO rules.

9.   The Lexus is one of the luxury models that would effectively be shut out of the U.S. market by any punitive American tariffs.

10.   The tax has nothing to do with the ongoing U.S.-EU trade spat over American tariffs on foreign steel, Colannino said.