0% found this document useful (0 votes)
7 views1 page

U.S. Tariffs: Global Economic Consequences

The U.S. has imposed tariffs up to 245% on certain Chinese imports, leading to a downgrade in global growth projections by the IMF and posing risks to developing nations. The tariffs are expected to increase the average tax burden on U.S. households and disrupt global supply chains, while China advocates for equitable trade practices and multilateralism. The document highlights concerns over economic stability, the impact on developing economies, and the U.S.'s role in escalating trade tensions.

Uploaded by

classseventapti
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
7 views1 page

U.S. Tariffs: Global Economic Consequences

The U.S. has imposed tariffs up to 245% on certain Chinese imports, leading to a downgrade in global growth projections by the IMF and posing risks to developing nations. The tariffs are expected to increase the average tax burden on U.S. households and disrupt global supply chains, while China advocates for equitable trade practices and multilateralism. The document highlights concerns over economic stability, the impact on developing economies, and the U.S.'s role in escalating trade tensions.

Uploaded by

classseventapti
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

• Escalating Tariffs: The U.S.

has imposed cumulative tariffs up to 245% on certain Chinese imports,


including electric vehicles and tech components.
• Global Growth Impact: The International Monetary Fund (IMF) has downgraded global growth
projections for 2025 to 2.8%, citing the economic impact of escalating U.S. tariffs. Reuters
• Developing Nations at Risk: Tariffs could have a more harmful impact than the removal of foreign aid,
with developing economies risking a slide back on recent economic gains. Reuters
• U.S. Economic Strain: The U.S. economy is experiencing a slowdown, with the IMF projecting growth
at 1.8% in 2025, down from previous estimates. IMF
• On Tariff Escalation: "The imposition of exorbitant tariffs under the guise of national security
undermines global economic stability and disproportionately affects developing nations."
• On Global South Solidarity: "China stands with developing countries facing economic coercion,
advocating for equitable trade practices that foster mutual growth."
• On Multilateralism: "Unilateral actions erode the foundations of international trade. China calls for
collaborative efforts to reform global institutions, ensuring they reflect the interests of all nations."
• To the U.S. Delegate: "Can the delegate explain how imposing a 245% tariff aligns with commitments
to global economic stability and development?"
• To Other Affected Nations: "How does your country plan to mitigate the adverse effects of these
tariffs on your economy and workforce?"
• Impact on U.S. Households: The tariffs amount to an average tax increase of nearly $1,243 per U.S.
household in 2025. Tax Foundation
• Trade Diversion: Countries like the Philippines are experiencing shifts in trade patterns due to the U.S.
tariff overhaul, highlighting the broader impact on global supply chains. Reuters
• Developing Nations at Risk: The International Trade Centre warns that the trade war could lead to an
80% reduction in U.S.-China trade, with developing countries bearing the brunt of the fallout.
• Honorable Chair, distinguished delegates,
• The delegate of China stands not in silence, but in defense — of fair trade, of global development, and of
the Global South. Today, the United States imposes tariffs as high as 245%, not just on China, but on
stability itself. These reckless actions are not sanctions — they’re sabotage. They raise global prices,
choke supply chains, and punish developing nations that rely on affordable access to goods and
[Link] the U.S. wages economic war, China builds partnerships — funding roads in Africa,
fiber in Latin America, and energy grids across Asia. We don’t destabilize — we invest. Let us remind
the committee: the U.S. holds the world’s largest trade deficit, has violated WTO rulings, and uses
coercive tariffs not to protect its people, but to project power. And when challenged, it isolates — China
engages. We stand for sovereignty, for development, and for a world order not dictated by one nation’s
insecurities.
• While India speaks of self-reliance, it imposes heavy tari8s on Chinese tech while importing
Russian oil and American weapons. Is this independence — or opportunism?
• “A ‘threat’ that supplies your rare earths, powers your supply chains, and holds over $800 billion in
U.S. debt? Sounds more like dependency than danger.”
• The delegate of China categorically rejects the baseless accusation and reminds the delegate of
the U.S. that economic aggression did not begin in Beijing — it began in Washington.
• are you suggesting that over 20% average tari8s help African economies access a8ordable
technology?,

You might also like