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There's a good chance the situation will change significant in three years. It's worth to at least wait for that while acting right now either way but without completely giving up already.
The situation will not change on its own. The US president may change, if there are still free elections at all, which I think is highly doubtful given the establishment of an obvious secret police force in the form of ICE (the budget of this "agency" is equivalent to the military spending of a medium-sized country).
Even under a new, less aggressive administration, however, the fundamental problem will not change: The US is exclusively concerned with itself and does not shy away from using its power to its advantage – this was already the case under Obama, for example, who was eloquent and likeable, but also pursued the usual neo-capitalist policy of exploitation; even under him, it was difficult to say that the US was an ally of Europe. The US may be entitled to this as the most powerful nation in the world. However, it is a dying world power and will soon be overtaken by China. This is entirely foreseeable, and as Europeans we should almost be grateful to Trump, because his insane policies make it obvious how the US feels about its "partners." - I think he accelerated the decline of the US by at least 10 years as it stands.
But please don't misunderstand: based on my socialization alone, I would prefer the US to China, but I am not naive. When it comes to autocracy, the difference between the US, Russia, and China is becoming increasingly small. So it seems to me that Europe needs to sell itself as expensively as possible in order to save democracy here - and I think China would be willing to accept the continued existence of democracy in Europe in return for Europe turning away from the US.
The US, on the other hand, can only be expected to follow its own line and continue to undermine democracy, which is what billionaires are already doing in the EU as well, by the way: In Europe, the same social media giants that are enabling right-wing extremist parties to win elections in the US are also highly relevant. They are quite successful in doing so here as well: one example is the neo-Nazi AfD party in Germany, which is the equivalent of MAGA and is hugely popular because it is massively supported by the same billionaires who made Trump big in the US.