\u201cIt\u2019s like the countries don\u2019t trust the U.S.,\u201d said Daniel Tannebaum, a partner in Oliver Wyman\u2019s finance and risk practice who served at the Treasury Department as the Office of Foreign Assets Control compliance coordinator for the Federal Reserve Bank of New York. \u201cI do think that there is a fear factor.\u201d<\/p>\n\n\n\n
That fear factor is also creating blowback for American companies that are trying to do business abroad.<\/p>\n\n\n\n
Mr. Tannebaum, who is a partner in Oliver Wyman\u2019s risk and public policy practice, said that the aggressive use of tariffs and export controls by the United States has made European countries and companies wary of adopting American technology for sensitive industries such as artificial intelligence. They worry that if they are dependent on the United States for such infrastructure it could be used against them if Washington decides to ban or disable the technology, as it has done during disputes with China and Russia.<\/p>\n\n\n\n
All of this has contributed to an erosion of America\u2019s status as a safe haven.<\/p>\n\n\n\n
Read it all<\/a>.<\/p> The World Economy Is Becoming Wary of the U.S. https:\/\/t.co\/BkvAF43pOj<\/a> via @NYTimes<\/a><\/p>— John Bresnahan (@bresreports) September 16, 2026<\/a><\/blockquote>