What kind of tank do you have? Red streaks usually spells bacterial infection. Unless your tank is PURE FO [no LR, LS, inverts] then you can not treat the tang in the main tank. [And even if it is FO, if you have the option to use a separate hospital tank, that is the better choice].
Can you setup a hospital tank? You can treat with Maracyn2 double the dose recommended on the package. Provide a good deal of aeration--as tangs need more of this. You could also feed the fish medicated flake food, if it is still eating. You can feed the fish garlic soaked food as well, as garlic supposedly has a bit of a natural antibotic quality to it. Do not ignore the tang's vegetarian needs and grazing needs. This fish is a vegetarian not a meat eater, and it is also a grazer and needs to have both vegetarian and grazing needs met.