Perhaps, but not very good news for US companies either way. The trust will be even smaller in them now, and they won't be able to tell non-Americans that their

Perhaps, but not very good news for US companies either way. The trust will be even smaller in them now, and they won't be able to tell non-Americans that their data is safe with them, unless their enable end-to-end encryption in most, if not all, of their services, and they provide ways to check that they aren't going around that encryption in some nefarious way (backdoors, etc).