I think the "joke" is if the US government orders a company to hand over that data, the fact that the servers are physically in the EU won't stop anything
> A sovereign US cloud does not address or mitigate the strategic reliance of European businesses and governments on US-based cloud providers.
> Some commentators are therefore calling those attempts “Sovereign-Cloud-Washing” or “EUWashing”.
You should not host the critical data on other country's servers.