This is a ridiculous over-reaction based on an extremely shallow interpretation of the GDPR.
If you are running a small business and you feel that you won't be able to operate your business because of the GDPR consider all those other laws that you have to be in compliance with as well. If that's your attitude towards legal compliance then you should probably shut your business down completely rather than to hope that just ignoring European customers is going to make the bogeyman go away.
Legal compliance is a requirement for any business, and privacy law is just one more thing to take into account and for a small business that does not process super sensitive data (such as medical information or financial information) the costs of compliance are negligible. They're not '0', but then again it is a business and costs of doing business are the norm.
If you are running a small business and you feel that you won't be able to operate your business because of the GDPR consider all those other laws that you have to be in compliance with as well. If that's your attitude towards legal compliance then you should probably shut your business down completely rather than to hope that just ignoring European customers is going to make the bogeyman go away.
Legal compliance is a requirement for any business, and privacy law is just one more thing to take into account and for a small business that does not process super sensitive data (such as medical information or financial information) the costs of compliance are negligible. They're not '0', but then again it is a business and costs of doing business are the norm.