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Dumbstruck that we wouldn’t allow an adversarial country collect data on all of our citizens locations? And potentially more?

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It isn't the country directly collecting and analyzing data. It is a company. Chinese companies are required to share data, but so are U.S. companies.

If we focus on the companies, why is okay that U.S. companies are able to collect nearly arbitrary data on all U.S. citizens and participate in propaganda?

It's easy... Chinese companies that operate internationally are controlled by the CCP.

Where’s your outrage over PRISM, which is magnitudes worse?

What exactly do you think PRISM is? https://www.cnet.com/news/no-evidence-of-nsas-direct-access-...

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