Now that no more protection is offered, there's no point in spending the money.
But I think it was a pretty bad appeasement deal.
Eurofighter is really only good for peacetime patrols, the F35 will detect and shoot down enemies in real conflict far before the Eurofighter can do anything.
In a bizarre hypothetical conflict you would certainly not want to engage a F35 in an Eurofighter, the Eurofighter would be knocked out of the sky long before it could even see the F35. It certainly couldn’t turn on it’s radar.
There are extensive public studies available from e.g. the Danish government that ended up with the conclusion that the F35 is far superior in air-to-air combat. https://www.fmn.dk/globalassets/fmn/dokumenter/strategi/kamp...
Oh France sure how long until you can supply a fraction of what we are buying from the USA? What a decade!?!?! Ukraine won't exist in a decade if we wait and what's that you won't even ramp production unless you can get guarantees from multiple member nations? What a joke.
However the story might be different in a decade as sixth gen aircraft like Tempest are entering service and probably other modern technologies like unmanned/autonomous drones and hypersonic and directed energy weapons are more widely deployed. Connectivity between units in the field is also clearly a huge deal that is going to matter more and more and that is going to require a level of interoperability and trust that won't be kind to "partners" who aren't good team players.
On that kind of timescale I expect "buying American" will be much less attractive to most "allies" of the US than it has been for most of the past century and it will show exactly in decisions like who is making and buying whose planes.
Against China? If you’re willing to accept a level of losses we haven’t seen since WW2, but that’s just the nature of peer to peer warfare.