FRANKFURT, Germany — 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.

U.S. agreement, secured by President Donald Trump in Scotland, imposes a 15% tariff on most European goods but does not outline a tariff for the wine and spirits industry.

Trump announced the deal a short time after his meeting with European Union Commission President Ursula von der Leyen at Trump Turnberry.

The United States and the European Union agreed Sunday to a trade framework setting a 15% tariff on most goods, staving off -- at least for now -- far higher imports on both sides that might have sent shock waves through economies around the globe.

The U.S. and European Union on Sunday announced a trade agreement, including 15% tariffs on EU goods imported to the U.S. It comes just days ahead of the Aug. 1 deadline which would have seen EU goods be hit with a 30% tariff rate.