@MarshaBradyo Does this matter to us?
They can’t seize here / India and if they want to order production in other sites in EU, fine?
Not directly, no. But you can bet the American multinationals with European arms, and thus by extension, the US government will be paying very close attention.
This is the sort of over-reach that can spark incredibly damaging trade wars and send the whole global economy spiralling downwards - spiralling further downwards from a starting position of "fucked due to covid."
Of all the mistakes the EU are making over this, I think this could be the biggest.