Even for US tech folks like HN, I doubt it would help us. US companies hoard their profits and power, so most people here would see no benefit. It’s yet another move to protect rich corporations and the corporate cronies of the most corrupt administration in US history.
That said: “benefits US companies” != good public policy for the US as a whole. It’s explicitly trying to interfere in how other countries govern themselves for the benefit of shareholders, not because it’s necessarily good policy.
It’s also something we wouldn’t necessarily appreciate if done to us by our allies. If we have any actual allies left given all of Trump’s tariffs and threats against other countries.
I think it's the assumptions that are baked in with the Trump regime. No subtlety, no mutual benefit, do as we say or else.