The Russian/Chinese bloc has already coalesced around this policy. Unfortunately, both countries have done a pretty good job of terrifying their (non-vassal) neighbors, so it's unlikely that they'll be able to do much with it.
America has also done a pretty good job of terrifying other countries in the past century. The most destructive phase of this conflict will probably happen after the Russia-Ukraine war is over, as these two groups conduct proxy wars in unstable regions by supplying weapons to their respective factions.