I think it's important to frame it correctly: US companies have been persistently acting illegally in Europe. Avoiding taxes (e.g. Amazon's Project Goldcrest) to undercut competitors, mishandling data for profit, and then abusing market dominant positions to prevent European competitors from rising up; forcing those potential competitors to sell to US firms.

You're right that it's probably too late to reverse all of this economic damage that the US has intentionally caused. It's a difficult problem for the world.