I think GDPR will harm European companies and tax payers much more than any US company. Any European company processing personal data will be liable even as a s

I think GDPR will harm European companies and tax payers much more than any US company. Any European company processing personal data will be liable even as a subcontractor. US multinationals can easily avoid liability for non-Europeans as demonstrated. A European startup or even government organization (like also a European universities) will be bound and have much higher cost due to legal and thus monetary risk.