I agree, but from where I'm sitting (Europe) the exact same thing goes for many US based companies. Not that we have an alternative, and at least you can easily get by without TikTok (I haven't even visited it, ever).
What US law requires US companies above a certain minimal (~50 employees) size to "hire" government employees to supervise their operations at the innermost layers?
What US law makes all US corporate intellectual property and information legally owned by the government?
Google barely even complies with subpoenas.