US law enforcement authorities want direct access to EU member state police and immigration databases to identify people considered “a threat to US security.” They may also be seeking access to EU databases. Some member states have concerns over timing, the legal basis and data protection requirements, according to a document obtained by Statewatch – but none have any fundamental problems with the proposal.
Considering USA had a deal with the Danish Defence Inteligence Service, to leak confidential data to the NSA, I would think that it is a valid point.
That said, it more sounds like payback for EU backing out of big tech based in the US