I'm pretty sure American gov won't react kindly
America: You need to be more self sufficient and not lean on us so much!
Europe: <launches European payment initiative>
America: NOT LIKE THAT!!!
I'm pretty sure European governments know that and are prepared to deal with the temper tantrum.
I wouldn't be so sure, at least not this administration. Fragmented monetary systems provide more opportunities for creative accountants and that's something the people running everything in the US seem to benefit from.
This action is a response to the tariff regime imposed by the US. The current administration decided that it was going to use its role as the leader of the global hegemon to threaten and coerce other countries, and actions like this are a result. The American government can threaten them all they want, problem is that they've been threatening everyone since Day 1.
https://news.ycombinator.com/item?id=43284950 - March 2025
> “How can I decouple from the US as fast as possible?” is what this leads to.
> Diplomacy is the art of saying “good dog” until you make it to the rock. The US will apply pressure for short term gain against allies while they move away long term.
Who cares at this point. Nothing has ever managed to unite Europeans as effectively as the orange man’s unrelenting torrent of temper tantrums over the past year and a half.
Americans, we know some of you aren’t crazy. Can’t wait for the grown-ups to be in charge again, but in the mean time we’ll be moving on.