You can't go overseas to get a bridge built across the river in your town. You can't get a foreign barrister to represent you in court in your country.

You can easily get a new social media website or IoT server built and hosted in any country you want.

The scenarios where the effects of bad ethical decisions most often make the news are not things that lend themselves well to being subject to local licensing regulations, like embedded avionic or medical devices or internal banking systems. Problems do happen in those spaces, but they are rare.

None of this even touches on usability and the difficulty of restricting tool use to the "good guys". The jslint licence got a lot of stick for that.