To enable the whole thing to work you'd need the US to have shrunk to the equivalent of Canada in influence. I'm not saying that's impossible, but in that scenario, the Dutch might well be trying to keep Russians out of Amsterdam and the Turks out of Germany rather than trying to pull an IP heist on the Americans.
You can buy an e-book on Kindle and Amazon still controls what you do with it, right? ASML's ownership of Cymer is like that, except it's the US instead of Amazon.
Of course it does, that's why I wrote about export controls but the context is not current state of the world, but what OP wrote:
> If Uncle Sam pisses off Europa Regina enough, she won't give a damn about licenses.
And in this very different state of the world, export controls are worth the same as paper they were written on.