I think the US is giving up control willingly and turning more isolationist. It has been building for some time but I do not thing it is forced. It is a deliberate policy shift turning away from trying to control and police the world. America is pushed in and on to other countries and societies that a retraction might be the best thing
I don't believe it's trying to give up control, the current US administration don't want to be the world police but still wants the control given by being the world police, both can't exist at the same time and some sort of reckoning will happen.
They're currently threatening to invade Venezuela!
Mind you, another consequence of the regime is that nobody knows what's real and what's keyfabe any more. They were also threatening to invade Canada, lost a colossal amount of goodwill as a result, and got bored and moved on.
The US is pulling back from NATO and simultaneously re-asserting dominance in the Americas, i.e., the Munroe Doctrine, which has suffered setbacks in recent decades.
