ECB President and US Treasury Secretary Clash at G7 Meeting! Lagarde Questions Bessent's Overly Optimistic View on Iran War Impact
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On Monday, Lagarde questioned Bessent's optimistic assessment during a G7 video conference that the economic impact of the Iran war would be short-lived. She stated that due to the extensive damage already inflicted on infrastructure, the impact of this shock will persist for a considerable time. This clash with Bessent is not Lagarde's first friction with a US official this year. In January, she left a speech by US Commerce Secretary Howard Lutnick midway at the World Economic Forum, deeming his anti-European remarks too intense
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