Yes. But what this discussion so often misses is.. So is the US.

The US needs military bases, it needs general market access, it wants to sell military equipment and so on and so on. The US is already being reckless with the relationship and diversification is underway, but how deep the split will be is in large part determined by how the US wants to behave going forward.

It's like a divorce, there aren't really any winners here (in terms of wealth, assets, ...). So it's a tightrope both need to walk, balancing each other's interests.