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Yes, but
It will never go back. The new US will need to learn to be one of many at the table. A powerful one by all means, but one of many nevertheless. The ability to dictate terms to others is gone, all of the leverage has been used, for little gain, and the trust isn't there anymore. Everyone has hedged against the US, decoupled, and persued other arrangements.
Europe is gone from the empire and will demand massive concessions to let the US even near its strategic policy. Concessions the US can probably can not pay. Remember, the US started a war with the Russians on Europe's doorstep and then not only abandoned it's allies, it threatened to invade from the other side (and is still doing so). Europe deployed against the US. The US is openly hostile - an enemy of Europe. There's no coming back from that.
For better or worse the US is on its own now. Allies are theoretical at best. On its own the US is a western hemisphere regional power. The global power it enjoyed came from the alliances and it was paid for by the economic interdependence of the alliance system. That system is over.
The dominance of the USD is done, that was based on trust, trade is no longer conducted in USD exclusively and currencies no longer route through USD. With the reserve currency status destroyed, the US will have to learn to pay it's bills like everyone else, from productive work. No more printing money to pay debts on printed money.
Without those things trillion dollar military budgets are out of the question, global force projection becomes impossible. Even enforcing Monroe is probably impossible, the Chinese and Europe are already making inroads in south America and as those investments increase so will the need to protect those.
So apologies are necessary for a reset of relations, yes. But those new relations will look very different from what we have known. It's a multi polar world now and the US sphere of influence is shrinking to just north America, and even there, the other two countries are not on board and are moving towards EU.
The future is one of US decline and it's up to Americans how they want to navigate it. Learn to live with the others or fight a losing battle against everyone. Or end the world.