That said, yes if you use FB/etc you should assume your data could be used by US intel agencies for similar purposes. Just don't use those apps. Heck, I'm American and refuse to Facebook or any of their other services (Insta, Whatsapp, Meta). None of this stuff is actually necessary to live a happy healthy life, and often even detracts from it.
And that's precisely why there is a trade war in between the US and Eu since early 2005. Because the Eu started making up its own rules and standards. TTIP, ACTA, PIPA were all attempts by the US to bring the Eu to heel. All failed. And voila - there is a proxy war that deprives the Eu out of cheap oil and gas, leading to literal deindustrialization of the Eu.
https://www.bloomberg.com/news/articles/2022-03-09/european-...
Its not an argument for what you are proposing. Its an argument against it.
It can't be more than a week ago that we discussed here on HN a way that MS Powerpoint can leak your entire presentation to microsoft. Lots of people in my country use the entire MS suite, and I don't think the CIA/FBI/ABCDEFG should have our data.