I cannot stop thinking that the US have become a real global bully. They are using their financial power to force other nations their way, or to apply extrater

I cannot stop thinking that the US have become a real global bully. They are using their financial power to force other nations their way, or to apply extraterritorial jurisdiction. For that they are using either the fact that there are foreign companies that do business on the US ground and they will be punished if their country does not follow the US decisions (EU presence in Iran is an example), or they will block their USD transactions. The EU is to weak to be a counterweight, China is probably the real competitor. All in all, I prefer to be under US rules than China, but this is still infuriating.