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Unfortunately, Europe should had made this conclusion at least 18 months ago, not now.
Watch out European politics procrastinate for at least one more year hoping that Trump will reverse. Then procrastinate more, because “elections soon, maybe Dems will win and reverse”.
I live in Europe and will never go to work in the US; but EU/UK inability to solve national security problems is beyond pathetic.
Oh sure the EU is terrible at all technology policy but it also seems like this is sort of a don't interrupt your enemy when they are making as mistake situation.
If the US commit to handicapping their AI industry like this it's going to destroy the competitiveness of those companies globally. All of those US spending commitments on data centres etc are going to collapse, or americans will need to pay 2x the token cost of the rest of the world. Both very bad options.