Go look at the enforcement statistics and tell me again how equally they apply. Even if you presume there is no enforcement bias whatsoever, it’s still going to act as a trade tariff due to the enormous trade deficit the EU has in regards to digital services.
OK I have experience here: US companies are far more likely to break the law. It's extremely hard to get US based CTOs in particular to understand the GDPR, they literally ignore it. Then stuff happens and they get in trouble.
What makes it worse: the GDPR itself is a great example of cultural differences: Americans are happy to eat bleached chicken and for all of their lives and personal data be there to make big companies lots of money. Europeans very much do not think like that. Which is good, different strokes for different folks.
