> I think, EU could only achieve that a non-EU-based company leaves EU.

Exactly, also, the US would prevent that geopolitically.

> also, the US would prevent that geopolitically.

Everybody keeps saying that Trump is eroding US power etc. etc. Are they all lying or is the EU just too chicken to actually do it when it comes up? According to the TACO principle it goes the other way, right?

E.g. EU companies could replace China 5G. But with US chips. While some new tiny FPGAs appeared recently (using obsolete manufacturing process), huge FPGAs from Xilinx(AMD)/Altera(Intel) cannot be replaced. China can make both US and EU calm down with rare earth materials. US can tame EU with chips and whatever else. And EU... no idea.

Oh he certainly is. But he is eroding it. It's only just starting and the EU is only just starting to disconnect itself from the US. So right now he still has a lot of pull.