Manchester United and Chelsea will fight it out to sign Barcelona defender Jordi Alba, according to reports in Sport.
The 19-year-old broke into Porto's first-team last season and has only made a handful of appearances for the Portuguese champions.
Dalot actually played in England last season when Porto faced Liverpool in their Champions League last-16 second-leg.
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It used the threat of increased import levies to kick start negotiations with China on easing the pain for American companies. The US watchdog said the approvals , and other Trump family business connections to China, "raised potential ethics issues".
He has a £17.4m release clause in his contract, though United have yet to trigger it.
In October he was named as Porto's young player of the year. But, Manchester United's case might be different.
It is expected to be a busy summer at Old Trafford with a number of deals mooted but, surprisingly, Dalot is due to be the first signing.
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FC Porto though, have been doing all they can to retain Diogo Dalot, despite their urgent need for revenue in order to comply with FFP regulations.
It has been suggested that personal terms between the English club and the player have already been agreed, and Dalot could be a United player within the next few days.
The Red Devils have been tracking the 19-year-old for months and Mourinho is closing in on the defender.
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She added: "China toys with dollar diplomacy and promises huge sums of money to entice many countries to build relations". Some countries have switched back and forth between Beijing and Taipei several times.