> The example you mention is a tricky one...

Let me generalise: Does your tech company use CPUs from Intel, AMD or Qualcomm, or NVidia GPUs or memory from SK Hynix, Samsung, or Micron, or harddrives/SSDs from Western Digital, Hitachi, IBM, Toshiba, etc., or motherboards from (any Taiwan manuf.)? Or anything produced by Samsung or TSMC? If yes (1000% of tech companies), then you are potentially subject to the magic wand of US sanctions and soverign interference. To be clear, do not read that last paragraph as a support of this soverign interference, only an acknowledgement of it.

The first time I heard that the US was "requesting" (surely a gun-to-head moment) that the Dutch Gov't restrict ASML exports to China, personally, I was stunned. Sure, the Netherlands and US have incredibly strong political, economic, security, and historical bonds, but I never expected US to interfere so deep into the Netherlands. And yet, the Netherlands capitulated. (Please don't read this as a criticism of NL -- they are ultimately "Real Politik" due to their population size.) If NL can fall, then so can any other nation in Europe (or Northeast Asia: JP/KR/TW), except Belarus and Russia.