Honestly, if some government needs to have my data, and I can't reasonably prevent it, I would be more than happy if that's some government on the other side of the planet without practical means to put me in jail, torture, and influence to do things that can harm me and my friends and family.

Being spied by Russia, no problem. Being spied by China, no big deal either. But being spied by the USA or EU controlled entities can pose a life thread to any EU citizen.

US citizens have it only a bit better, since they are at least protected from the EU, and only their own government has power upon them.