The framework trade deal was the best possible compromise we could have foundBut continuing talks to try and get tariff exemptions for wines and spiritsHis words are not as harsh as the recent rhetoric has been. But again, the immediate takeaway is that they at least avoided the worst case scenario. As for the bigger picture, there might be painful repercussions for the European economy as a whole depending on whether or not this is the finalised version of a deal. This article was written by Justin Low at investinglive.com.