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The levies on Chinese electric vehicles distort the car market, according to the Tesla boss Tesla CEO Elon Musk has denounced the US government’s newly announced tariffs on electric vehicles imported from China as “not good.”

Global trade restrictions increase prices and exacerbate the food crisis, the organizations say The removal of trade restrictions would ease the global food crisis by minimizing supply disruptions and reducing prices, the World Trade Organization (WTO), World Bank and International Monetary Fund (IMF) said in a joint statement on Friday.