Questions, critiques and discrepancies are hanging over the framework agreement, but investors seem to view it as a win all the same.

After a lot of big talk on trade, the Trump administration needed a big win. It appears to have just gotten one.

The United States and the European Union agreed to a 15 percent base tariff after weeks of negotiations, which were among the Trump administration’s most difficult discussions.

Both sides hailed the agreement as the biggest ever. But it will come at a cost to the European Union, and many details have yet to be nailed down.

Questions, critiques and discrepancies are hanging over the framework agreement, but investors seem to view it as a win all the same.

Some European politicians are dismayed that the European Union did not drive a harder bargain, but facing the threat of a damaging trade war, officials say they had little choice.