I agree with everything you said except this bit:

China banned that shit, and China has been successful partly for its detachment from US far-right propaganda.

China loves US far right propaganda, the amount of Chinese people reeeeing about DEI or wokeism or the LGBTs, and fellating the South African Nazi who inherited wealth from an apartheid labour emerald mine and (for some reason, still) J. Lopsterson is kind boggling.

The common view in China is that the US is too progressive and needs to clamp down on minority rights and immigration… The mind boggles.

But yes, also fully fuck US social media and tech monopolies.

But the EU had taken risks so far as we think when push comes to shove we’ll be on the same side as the US, ignoring that the US still seems to think realpolitik is an appropriate course of action. Never trust a realpoliker to have your back.