Trees are a much more vibrant source of water protection than a destroyer of H2O. The evaporation and temp warming problem far out weighs the counter point of water needs by tree specie. Given the tree specie in question is well suited, adapted and native to the locality.
And, furthermore, some tree specie, depending upon geography are appropriate users of the water of their birth-thereby not constraining the needs of the stream in question.
Case in point: A good example could be made from the Rocky Mountain Juniper. This particular tree is extremely drought tollerant and requires only small amounts of water to live very happily. Many Eastern WA & OR regions with plateau arid environments are lined with this tree specie at the near shore waters along with other specie such as Ponderosa Pine, Quaking Aspen, Rosier Dogwood, Water Paper Birch, specie of Willow and Black Cottonwood. The latter of these specie require good healthy amounts moisture inorder to survive.
But that's the magic! These "native" specie have adapted over time to extrude water at an amount fitting to the stream/reparian area that they can survive by through natural selection. If a drought strikes and these trees extrude more than the stream can handle, then as a result through natural processes "some" of the trees will eventually die off(through drought, disease, beavers, beetles/insects -etc..) thereby balancing and offsetting the equation. (-This may take continual years of drought etc. mind you) To make an analogy, think of it like elk herd numbers/fawn rates and how they might correlate with a wolf population. In the long-run the other as acts as a counter balance on the "other". The same analogy could be drawn up from cougar and deer populations.
So, the point I'm trying to make is no matter what region you speak of, given natural processes things will and do balance over time.
-->The trick lyes in how we as people interupt/degrade or assist and/or differ these processes at work. By planting "hybrid" specie of poplar for paper production such as the ones found on Boise Cascade land near Tri-Cities we have in a sense, altered the method and natural rythm of water extraction by a tree specie. (From the Columbia R. -not "as" effected due to it's volume) These poplars were developed for the sole purpose of rapid growth(10-15ft a year!! -hard to believe but true) and faster production time to the paper mill. Of course the other gain being easier paper production with minimal damage to the old growth forests and other timber resources etc. at large...
And if we plant a tree specie at a rate and with of a specie of non-nativity, yes sometimes it can constrane the environment in which it lives, burdening it over time. Make sense? I hope?!
(I have worked along side many good foresters over the last 10 years - that's my .02cents!)