Indeed. The article itself doesn't explain why this will affect the rest of the world. In fact, Apple has said they would consider withdrawing FaceTime and iMessage in the UK if this law goes ahead, so I think it is unlikely it will affect the rest of the world. Either the UK will be left with fewer encrypted products, or they will do a u-turn.

https://www.theguardian.com/technology/2023/jul/20/uk-survei...