I live in Illinois. I have never been to Idaho. I am too old for colonoscopies (the ONLY delight of getting old.) So I was surprised to get instructions (be sure to drink the entire bottle) and preparations for a colonoscopy tomorrow from a hospital in Idaho. Rather than fly out there on the spur of the moment, I called them pretty sure there was some mistake. The nurse was nice but quite flummoxed. Apparently there is another person with my name living in Post Falls, Idaho and who is a patient of Dr. Sarkis at Northwest Specialty Hospital. My email address matched the one they had on file for some bizarre reason (my guess is human error) and my heart (or colon) goes out to whomever else has my name.
That put me in a particularly satirical mood as I read about another of Trump's revenge schemes that will come back to haunt the United States.
Brace yourselves, everyone: it turns out Donald Trump’s beautifully orchestrated revenge tour against the global order is having a few completely unforeseen side effects. Who could have possibly predicted it?
For decades, the European Union blissfully outsourced 96% of its personal credit transactions to Visa and Mastercard. Why worry about the fact that American entities controlled literally every swipe, tap, and dip? After all, America was the world's friendly, benevolent superpower! What could possibly go wrong?
Enter Trump, armed with a Twitter account (now Truth Social) and a dream. Between slapping tariffs on everyone like they were bumper stickers and treating NATO and the UN like optional country club memberships, he really shook things up. But the real "aha!" moment for the rest of the world came in September 2020. That was when the first Trump administration gracefully landed ICC Chief Prosecutor Fatou Bensouda and senior official Phakiso Mochochoko onto the Specially Designated Nationals (SDN) list. Because nothing screams "leader of the free world" quite like using the Office of Foreign Assets Control (OFAC) to turn off an international judge's credit card.
Enter The Magical Disappearing Bank Account
The mechanism here is truly a work of art. Thanks to the absolute chokehold U.S. clearinghouses have on global finance, getting on the SDN list is the ultimate magic trick. Presto! Your Visa and Mastercard stop working, your PayPal evaporates, and you can forget about using Google or Amazon. European banks, absolutely terrified of getting caught in the crossfire of American secondary sanctions, will freeze your accounts just for looking at them funny.
Naturally, Trump doubled down with Executive Order 14203, generously targeting any ICC officials, judges, or prosecutors daring to investigate U.S. personnel or close allies (God forbid anyone look into actions in Palestine or Afghanistan). Asset freezes, travel bans, absolute blocks on getting "funds, goods, or services"—it was an incredibly subtle and nuanced way of punishing people for having opinions Trump didn’t care for.
According to legal experts on Verfassungsblog—who clearly just don't appreciate top-tier bullying—this "Sanctioning of Law" was an "unprecedented targeting of independent judges." Poor things. One minute you're upholding international law, the next you can't even pay for a Netflix subscription or order a pizza because your digital existence has been revoked.
Those nasty unintended consequences:
Shockingly, Europe didn't look at this and think, "Wow, we want more of that!" Instead, they are now sprinting toward "strategic autonomy."
To protect themselves from the whims of whatever mood the U.S. President wakes up in, the EU is rolling out some brilliant new coping mechanisms:
The "Buy European" Initiative: Forcing public procurement to favor domestic industries in defense, healthcare, and IT. Because apparently, relying on an unstable superpower for your military tech is suddenly "bad strategy."
The Great Software Migration: Ditching proprietary American tech to cozy up with Linux and the sparkling new "Euro-Office" suite. Goodbye, Microsoft Clippy; hello, European sovereignty. I wonder what Co-Pilot thinks of that?
Wero: The European Payments Initiative's brand-new domestic payment network, explicitly designed to tell Visa and Mastercard to take a hike. And it's cheaper, too.
And Europe isn't the only one backing away slowly. Canada—historically America’s polite, long-suffering upstairs neighbor—is frantically building its own internal online payment infrastructure. It will be located solely in Canada, entirely out of reach of tiny, Twitter-happy American fingers. Down in South America, Brazil is doing the exact same thing, except cheaper and faster, causing Visa and Mastercard to actively hemorrhage business in one of their largest markets.
Confidence in the United States as a stable global partner has been entirely lost, and it’s probably never coming back. But hey, look on the bright side! All of these global initiatives are successfully eroding U.S. dominance in finance, software, and defense.
So, thanks, Donald. Truly a masterclass in diplomacy. Way to Make America Great Again.
Sources:
https://www.youtube.com/watch?v=7y0GaMvM0SA
“EU Launches Wero to Rival VISA and Mastercard.” London Daily, Monday June 8, 2026. https://londondaily.com/eu-launches-wero-to-rival-visa-and-mastercard
“Die Sanktionierung des Rechts” Kai Ambos. Verfassungsblog on matters constitutional. https://verfassungsblog.de/die-sanktionierung-des-rechts/
[2] “Microsoft accused of leaking Dutch civil servants' names to U.S. government” NL Times. Friday, 22 May 2026. https://nltimes.nl/2026/05/22/microsoft-accused-leaking-dutch-civil-servants-names-us-government
“F-35 debate intensifies across Germany and Europe” Harici, March 26, 2025. https://harici.com.tr/en/f-35-debate-intensifies-across-germany-and-europe/
“Europe Is Breaking Up With Visa and Mastercard — and It’s a $24 Trillion Problem” by Nick Staunton. April 22, 2026 European Business Magazine. https://europeanbusinessmagazine.com/europes-24-trillion-breakup-visa-mastercard/
Should Canada Build Up Alternatives to Visa and Mastercard?
The US controls the vast majority of online payments. It's a problem. by Vass Bednar. The Walrus: Canada’s Conversation. https://thewalrus.ca/why-your-credit-card-is-a-national-security-threat/