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    Beijing warns of retaliation against nations doing US deals

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    By News Desk on April 22, 2025 Business, Business Briefing, News Briefing
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    Beijing warns of retaliation against nations doing US deals

    Beijing warns of retaliation against nations doing US deals

    • Beijing warns of retaliation against nations doing US deals: Beijing has warned it will retaliate against countries that negotiate trade deals with the US “at the expense of China’s interests”, fuelling global tensions as the world’s two economic superpowers face off over tariffs.
    • Trump leads drive to wean Americans off their fixation with paper cheques: The Trump administration wants to stamp out one of Americans’ enduring financial pastimes: writing cheques.
    • Americans are the global leaders in cheques, writing 10 times that of Britain, Australia, Italy, Germany and France combined, according to estimates by McKinsey. 

    Business pages Financial Times
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