If anything, they should blacklist the US over FATCA, which is intrusive and oppressive not only to worldwide financial institutions, but also to American citizens.
Wonderful. Europe can keep its BMW, Volvo, VW, Fiat, Mercedes, and Airbus. And products from Bayer, Thyssen Krupp, Godiva, Siemens, etc. 100% embargo on all EU countries except the UK on day one. Make them come crawling back on America’s terms.
Had to file our first FATCA report this past June; you’re right about it being oppressive.