If only Firefox was removing cookies, that would be a problem, because Chrome could just ignore them. But with Safari on board as well, and with the entire iOS market at stake for sites that try to ignore the policy...
If Chrome doesn't remove third-party cookies, they will be the only browser anywhere not to do so. Chrome's original stance might have been conditional on finding a replacement, but I'm not sure they still have a choice at this point. I don't think Google is going to hand that selling point to Apple, and you're seeing yourself in these comments that a lot of the people following this issue didn't accept Chrome's original promise as conditional.
And maybe Chrome is confident enough in their market position that they're willing to take that hit and they think it won't matter. Maybe they're even right. From my perspective, breaking Chrome's dominance on the web is a necessary thing that needs to happen eventually for the health of the web, so every time that Chrome makes their browser worse in a highly public way, that's a win.
Remember that Firefox and Safari are already blocking the majority of third-party cookies online, and those browsers still work today, the web hasn't broken for them. So every year that Chrome spends delaying that deprecation is another year where people like me can point out that they're lagging behind literally the entire market on privacy.