We're all fucked.
Here's a great example: some bright fuckwit at Police HQ thinks
"🤔 Hmm I need to see that person's bank transactions because they might, maybe, possibly a terrorist! (actually I dunno ¯\_(ツ)_/¯)...
Now there's a huge gaping fucking hole in the fence around our online banking for anyone (not just Fuckwit Policeman #1) to gain access to our bank accounts.
If Australia asks the same thing, guess what Apple will do? They'll stop selling the iPhone in Australia!
I hear Canada is nice..?