Honestly nauseating this is even being considered. The fact the US is sliding into fascism indeed makes it worse, but is beside the point. This pertains to fundamental rights.
The US admin would never accept the inverse terms, which is to say handing over the biometric data of every US citizen to another nation state, for any reason.
Yielding to bullying never ends well. They take miles & hand out inches, if at all.
This needs to be fought down