Yea, but you live here and so you should think about the implications of this for yourself and your countrymen and not through the lens of international competition. That is a distraction.
Essentially, the China case proved Zoom is willing to cooperate with a nation state. The US is the nation state we live in, Zoom is HQ'd here. Therefore, the risk to us is high.
As an aside, the organ harvesting idea comes from the Fulan Gong, who are similar to Chinese Scientologists. It is not clear to me that their claims are accurate.
America is fucked up, that doesn't mean that other countries aren't also fucked up or aren't doing worse things with the data they collect.