> Given a choice between an embargo by the US or embargo by the rest of the world, cuba and every country in the world would choose 'the rest of the world'.
You really think countries will willing choose to trade with the USA over the rest of the world when it isn't the biggest destination for their exports nor their major source of imports? Why would they do that exactly?
> You really think countries will willing choose to trade with the USA over the rest of the world when it isn't the biggest destination for their exports nor their major source of imports? Why would they do that exactly?
Yes, any day. Because US embargos prevent you from trading in USD, which is pretty much the de facto currency for any trade due to its stability and backing.
Also, even if you manage to settle your trade in say EUR, you now have to trade without using any US intermediary. Nothing related to this trade can involve a US bank, payment system, legal firm, etc.
A US embargo is pretty much the worst thing that can happen to a country. Only if your country has already strong ties to the middle east, Russia or China can you hope to do any sort of export.
I swear some Americans seem to think the world they live in is from 1955 or 1975 or something. The US is just one player amongst many, a very important one but by no means the paramount one for every country in the world. The idea it is simply isn't backed by facts on the ground.
So yea, if forced to choose between USA vs Rest of World virtually every country will choose RoW. Americans are delusional if they think they can just snap their fingers and everybody else will jump to attention.
No way is this true. Look at this list of countries by biggest trade partners (import & export) https://en.wikipedia.org/wiki/List_of_countries_by_leading_t....
You really think countries will willing choose to trade with the USA over the rest of the world when it isn't the biggest destination for their exports nor their major source of imports? Why would they do that exactly?