A European web tax to rebalance the trade deficit in services with the United States. This is one of the proposals contained in the new position paper by Assonime, the association of listed Italian companies, which harshly criticizes the European Union following the bilateral trade deal with Washington and the abandonment of a common digital tax. "It is disturbing that the European Union has established an asymmetric trade agreement with the United States that includes a unilateral 15% tariff on nearly all EU exports to the United States, without any form of compensation", the document asserts. "And with the prospect of the EU abandoning any attempt to design and implement a European Digital Service Tax (DST)". According to Assonime, "what was recently agreed in Scotland between Trump and von der Leyen appears to be an unconditional surrender rather than an agreement". The letter urges the EU to speed development toward a common web tax. A European digital tax "could achieve worthy fiscal and policy objectives", provided that it is "carefully designed to prevent consumer pass-on and double taxation issues" and adheres to international legal standards.