The European Union’s trade agreement with the Trump administration is getting mixed reviews. EU officials say they warded off a total economic disaster. But French officials in particular say the EU punched below its weight while economists say the deal is dangerously vague.

The good news is that an all-out transatlantic trade war appears to have been averted. European Commission President Ursula von der Leyen has confirmed the broad outlines of the accord, which appears to be more of a framework than a formal line-by-line agreement.