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According to people familiar with the matter, after German officials publicly criticized US intervention in the foreign exchange market during the G20 meeting this week and took a tough stance on the Russian issue, US officials made negotiations with Berlin. People familiar with the matter said that the US Treasury expressed dissatisfaction with Bundesbank Governor Joachim Nagel's remarks through several channels. Nagel told reporters in North Carolina that the US should have coordinated with European partners before selling the euro and supporting the yen. People familiar with the matter also said that US Treasury Secretary Scott Bessent also expressed dissatisfaction with German Treasury Secretary Lars Klimbaier's uncompromising and open confrontation in the face of the Russian finance minister.

Zhitongcaijing·09/03/2026 15:49:02
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According to people familiar with the matter, after German officials publicly criticized US intervention in the foreign exchange market during the G20 meeting this week and took a tough stance on the Russian issue, US officials made negotiations with Berlin. People familiar with the matter said that the US Treasury expressed dissatisfaction with Bundesbank Governor Joachim Nagel's remarks through several channels. Nagel told reporters in North Carolina that the US should have coordinated with European partners before selling the euro and supporting the yen. People familiar with the matter also said that US Treasury Secretary Scott Bessent also expressed dissatisfaction with German Treasury Secretary Lars Klimbaier's uncompromising and open confrontation in the face of the Russian finance minister.