"Even the very wise cannot see all ends." And these people aren't what I'd call "very wise."
Meanwhile, nobody in China gives a flying fuck about regulators in the EU. You probably don't care about what the Chinese are doing now, but believe me, you will if the EU hands the next trillion-Euro market over to them without a fight.
Everyone working on AI will care, if ASML stops servicing TSMC's machines. If Europe is serious about responsible AI, I think applying pressure to ASML might be their only real option.