If you are in the tech industry in the US this is actually a good thing, EU is trying very hard to remain and become even more uncompetitive.

Already, the EU is mostly a breeding ground for talent that is then extracted by the US. The more hostile and bureaucratic they become, the grater the pressure for the talent to leave.

It may appear that what the EU is doing is being hostile to US companies - and some individual US companies will indeed suffer. But the actual effect is to incentivize these companies to extract talent out of the EU as an insurance plan in the event of a pull out.