I don't think it's ever a good idea to change the rules of the game in order to stay competitive.

In recent years, with US further turning their back from globalization into America first protectionism, the rest of the world is getting increasingly tired and slowly de risking out of US products and tech.

European companies are either suffering us levies, or us interference with whom they can conduct business with, or consistently risking that their service and cloud providers can become liabilities over night.

EU is also strongly pushing for US alternatives in payments, telecoms, space, etc. And I didn't even mention politics yet.

US is still enjoying an apex position, but it may overestimate its gripe and underestimate resentments (Greenland threats have been a point of no return).

The actions of US looks like those of a decaying empire.

What plays in US hands is that its biggest "allies" are mature democracies, and mature democracies really procrastinate any painful change unless they have to confront it, thus it may keep getting away with this for very long.