Nitpick: I assume you really meant US centric and not "Eurocentric", as as you point out european countries are more in the middle of it and look at each camps from a distance while being involved with all of them.

In practical terms, we can see how Huawei is not banned in the EU, the EU isn't in a tariff war with China either, while it's also not a clear Chinese ally, also having a independant stance from the US in most geopolitical fights.