Absolutely. Even with the US, as much as Europe & the US are more aligned than not on geopolitical issues, the last 4-5 years have shown that is not guaranteed to continue indefinitely.

And in terms of the fragility of the world's industrial and economic engines, perhaps this is a realization that globalization has gone too far and the pendulum needs to swing more towards slightly higher self-sufficiency. Not even for some philosophy of anti-globalism, but merely because things are too brittle as they are now.