No, current disgust won't last too long, but it is currently being transformed into future policy at almost ever shop that uses cloud services, from governments, major corporations to small companies that outsource their IT needs.
And those policies, which can be summarized as "we won't store our shit with US companies" will last for decades.
It may take many years before they are fully implement because nobody wants to throw money at migrating legacy with no immediate financial upside. Besides, in many cases there aren't yet sufficient competing non-US services that meet all requirements.
It will be a slow exodus, but it will also be a massive and irreversible exodus.
And those policies, which can be summarized as "we won't store our shit with US companies" will last for decades.
It may take many years before they are fully implement because nobody wants to throw money at migrating legacy with no immediate financial upside. Besides, in many cases there aren't yet sufficient competing non-US services that meet all requirements.
It will be a slow exodus, but it will also be a massive and irreversible exodus.