In a recent three-hour interview on Joe Rogan’s influential podcast, former US President Donald Trump reiterated his controversial proposal to eliminate income taxes in favour of tariffs as detailed in a report by CNBC.

Donald Trump advocates tariff-driven tax overhaul

China's exports are booming, surging 7.6 per cent in May despite rising trade tensions with the EU and US. Flood of appliances, cars, and electronics are fuelling this trend.

China's export boom threatens global trade balance

Tesla Inc. CEO Elon Musk expressed opposition to US tariffs on Chinese electric cars (EVs) on Thursday, reversing his past cautions about the importance of trade barriers.

Tesla's Musk opposes new US tariffs on Chinese EVs, reverses previous stance

According to reports, the US economy is set to outpace China for the first time since 1976 amid the coronavirus pandemic. Bloomberg reported the US economy is set to grow at 2.

Pandemic effect: US economy set to outpace China first time since 1976

As the US stocks rebounded after a rout on Monday, President Biden declared that battling inflation will be his "top domestic priority". In a surprise move, the US president said he is "discussing" an end to China's trade tariffs but hasn't reached any decision yet.

Biden sets inflation agenda; discusses end to China tariffs

After US media reports said China may cancel trade talks with the US, China's foreign ministry said its trade team was still preparing to leave for Washington for the next round of talks.

After Trump's tariff threat, China says trade team still preparing for US talks

President Trump in an interview to a TV channel said the US tariffs on Chinese products have had a big impact even as he attacked China saying "they have lived too well for too long".

China's economy has gone down very substantially, Americans are not stupid people: Trump