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You can, with a digital gift card.
Except they legally can’t let you “eat the extra cost”.
Nonsense. Every storefront in the world is able to do currency conversions without an issue.
Even if it was simple as a different currency, Steam cannot charge you a different price. It is against the law.
Look up bait and switch laws. Valve has to charge you the price shown to you.
And again, they can't just charge you a different price because you have a different reason for buying it than to own it yourself. And that's a good thing. This is something you actually want. Because without those price protections, retailers could charge you whatever they want whenever they want for any reason.
Not allowing stores to list one price and then charge another is good in 99.9% of cases. It's mildly annoying here, but you can give someone a digital gift card (which has the added bonus that their review will count more because they technically bought the game with their own money)