Cool but apple also restricts apps based on content and enforces their own morality standards on what content is acceptable so I really don't care about the security aspect.
FTFY: "They've already proven they'll follow the local laws of countries they operate in."
If you want to do business in country X, you must follow the laws of country X. It's that simple.
Apple is a business, not world police.
There's also no need to project your own personal/cultural/morality standards and beliefs on to other countries' and their laws.
Some people disagree for governments to have access to too much data.
Others agree to keep them safe - children, terrorism, national security, personal safety, etc.
Debates around privacy and governments have been happening for decades, especially since Snowden revelations of data hoarding by the 5 eyes, to recent end-to-end encryption bans in messengers.
What you think is "right" is not universal across the world.
Which is capitalism, I suppose. They want that money because their shareholders want that money. That's how it goes.