How to properly handle library errors?

Let's say I need to use a library to access the API of a third-party resource..

from thirdparty import Client

client = Client(credentials)

And in our case, the credentials are incorrect, respectively, an error occurs inside the library due to the fact that the login request was unsuccessful. Application closes due to an error.

Let's say you can use Try-Except, but it does not look very effective

try:
    client = Client(credentials)
except:
   # do something with error

If we need to do a lot of different actions, then wrap each one in a Try-Except? Then you get something like:

try:
    friends= client.get_friends()
except:
   # do something with error

try:
    for friend in friends:
        info = client.send_message(friend, "My message")
except:
   # do something with error

Any ideas how to handle this?