President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of accords as the White House threatens to slap tariffs on dozens of countries this week.

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.