Not entirely. There still exists trade agreements, and diplomatic pushback.
Forcing companies to make products to a certain specification, would mean the EU is attempting to regulate other markets. Markets it has no direct governance over. While it may come from good intentions, it still invades the authonomy of the governments that should have governance over these markets.
Much better would be to work together with other countries, and help these countries implement similar rules, and enforce them together. Like, pretty much that the EU is doing for its members in the first place.