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Eu has lots of leverage too against US. Lobbying for actions against eu may have absolutely bad consequences and it's totally bonkers to think/prise that an us company has this much power proving once again that maybe it's a good think eu doesn't have such big corpos

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The EU just has to hint that they’d move closer to china, and all this supposed leverage would evaporate.

Both us and eu are heavily relying on China. Even Nvidia sells lots of gpus with small limitations to china that in the end will not change things that much. Or ASML sells non covered by sanctions chip production utilities. All this trade war is just scratching the surface, in reality heavy money are made by all parts

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