> We’ve had export restrictions on different chips and even cryptography software in the past.

But not on a SaaS whose continued availability you'd rely on.

In any case, your optimism is bordering on naivety. The world has seen how the US can easily disregard anything and act arbitrarily - sanctions, tariffs, shutting down access to SaaSes - and this will not be forgotten. As you say, administrations change. Even if next time around there are competent adults in the White House (which really isn't a given), do you really want to bet your business on that not changing 4 years later?

There's a reason why all the big cloud providers are constantly shouting about their "sovereign" solutions. The US has broken everyone's trust and there is no going back on that.