Arguably e-privacy and gdpr require a reject all button.

Just make companies respect the do not track flag I can select in the browser.

Denmark (currently presiding over meetings in the Council of the European Union) suggested in May to drop consent banners for cookies collecting data “for technically necessary functions”

That already doesn't require consent

or “simple statistics."

Also doesn't require consent, when the statistics are anonymous.

Classic hog cycle

So this ban is about China only chips since Nvidia isn't even allowed to export the good stuff to China. AND companies are still allowed to buy the Nvidia chips if they can come up with a justified reason why they need to use them over domestic chips.

https://archive.is/oINBK