Earlier quoted context omitted.
Yes, on the margins cycling is more dangerous in the USA . OTOH, I wouldn't be surprised if the physical exercise would reduce mortality enough to still be a net positive on the margins - biking to the bakery vs driving - but haven't verified that. Interesting tidbit from the report is that almost 50% of fatalities are in towns 100k. I would have guessed metro areas are more dangerous.
There is no country in which cycling is safer than driving. Even in the Netherlands, the fatality rate is 13 deaths per billion miles. For comparison, the Netherlands has 3 deaths per billion miles by car.
Iceland had several years with zero or one reported cycling fatalities, I can't find road fatalities quickly but I assume driving is less safe there, especially if I'm allowed to cherry-pick a zero-fatality year (where you'd have 0 fatalities per billion miles cycled).