Speaking to reporters on Tuesday in Washington, Dutch Trade Minister Sjoerd Sjoerdsma said the U.S. and the Netherlands share common goals over preventing sensitive technology from ending up in dangerous hands.
However, "elements in that Act seem to suggest that the United States might take control over some of these decisions that affect our national security and the way our companies operate," he said. If the excellent cooperative working relationship with Washington "becomes cooperation by force... that is undesirable from our point of view," he added.
This is the context imho:
You are the Netherlands. Your neighbor and EU partner, Denmark, was just threatened with war over Greenland. You too have a couple of islands, like Curacao, that belong to the Kingdom of the Netherlands, and happen to be in Trump's back yard. The US administration has made clear that no treaties, no international law has value, only power. Why would you give up control over ASML, your most powerful leverage point?