Bessent Says US Used 'Nominal' Amount for Yen Intervention

• US Treasury is in constant and transparent dialogue with Japan's Ministry of Finance on currency interventions.
• A stronger yen is considered beneficial for American exports.
• A stronger yen means Japan will not need to sell US assets to finance foreign currency interventions.
• The US Treasury has made 'tens of millions of dollars' on past Argentina help.

The US Treasury Secretary discusses the ongoing, transparent dialogue with Japan regarding currency interventions. He highlights that a stronger yen is beneficial for American exports and reduces the need for Japan to sell US assets. The video also notes that the US Treasury made tens of millions of dollars from past assistance to Argentina.