Consider how this spat looks from the perspective of a European.

The US controls Facebook, Instagram, Twitter, Tumblr, Youtube, Reddit, Snapchat, Whatsapp.

Owner of Twitter has office space in the white house, and is calling for the overthrow of elected European governments and deliberately spreading misinformation.

Then the US sees one non-american-owned social media network and decides it's got to be banned.

Perhaps those Europeans should consider whether they want foreigners influencing domestic audiences?