Well first of all with this approach you will lose a lot of friends like EU (and australia, new zealand, south africa and gazillion more allies). US is not such trusty ally as it thinks it is already (ie all the spying on top european leaders, and thats just tip of iceberg).

US needs friends just like everybody else, alone it can project only so much influence. You don't keep friends by screwing them over continuously and having an untrustworthy upper hand over you all the time. And once we're not friends anymore, china may be an attractive alternative, whether you like it or not.