Ok, why does Privacy Shield 2.0 exist if the U.S. can read legally read European citizen data on the fly?

Name: Trans-Atlantic Data Privacy Framework (EU-U.S. DPF

Bottomline: American companies will never be able to resist the demands of American intelligence services. It doesn't matter if their servers are located in Virginia or Paris or on the damn moon. Europe should either come to terms with that reality or raise a real privacy wall despite the costs. But until Europe makes up its mind, European companies would be smart to ignore the whole charade. Like most of them have done anyway.