The Trump/U.K. trade deal is a much-needed step towards eliminating abusive trade practices on the other side of the pond. It also shows, a third of the way through the 90-day pause, that there is an off-ramp from the suspended tariffs.

Nevertheless, it fails to address the digital services tax – or DST – that is one of the most discriminatory taxes the Brits and Europe have imposed on U.S. industry. The cost to the American tech sector is expected to be more than $1 billion (£800 million) this year alone.

As our friends at NetChoice point out: “The UK’s taxes on US tech firms are a targeted attempt for them to profit from the success of American businesses.” They’re right.

The tax all but exempts British and Euroland firms – partly because they are still in the dark ages of tech progress – while targeting Meta, Google and other leading firms by imposing multiple billions in confiscatory taxes. As the Trump White House put it, the DST is picking America’s pockets.

The preliminary trade deal has some flowery language about working together on a U.S.-UK tech partnership. That seems like a pipe-dream if these tech taxes stay in effect.