Tariffs could signal decline of American influence in the world: Robert Reich
1. Reich warns tariffs may diminish America's global economic power. 2. Investors are pulling money from U.S. dollars and Treasury bills. 3. Tariffs disproportionately affect lower-income Americans, making them poorer. 4. America risks losing wealth if dollar's reserve status is jeopardized. 5. Reich questions the rationale behind ending U.S. economic hegemony.