Particularly interesting is the following clause indicating that your electronic devices can be searched even if the officer has no good reason to think you are 'suspicious.'
5.1.2. In the course of a border search, with or without individualized suspicion, an Officer may examine electronic devices and may review and analyze information encountered at the border, subject to the requirements herein and applicable law.
I suppose this is the same as the right of officers to open everyone's bags, without any need of proving suspicion. This is quite an invasion of people's privacy and property, yet realistically I don't think this will endanger attorney-client privilege or trade secrets. The officer searching you probably searches thousands of people a day. It's not like he's going to go through your data files and memorize all the important business/legal documents and then report them to your competitors. The policy document indicates that all electronic searches take place in your presence and with a supervisor present.