UNITED NATIONS STUDENT SUMMIT ON GLOBAL INFLATION
Setting: UN General Assembly Hall – Student Delegates Representing Each
Nation
Background speech
Distinguished delegates, esteemed colleagues, I stand before you today to
address the evolving economic situation of the People's Republic of China in
the context of the trade friction initiated by the United States of America.
The imposition of substantial tariffs by the U.S. has undeniably created
significant challenges for our economy. These tariffs, now averaging a
considerable 145% on Chinese goods, have precipitated a sharp contraction
in our direct exports to the United States, with projections indicating a
potential decline of approximately 90% (CEPR, 2025; Investopedia, 2025).
This has inevitably led to a reduction in export orders for our manufacturing
sector, thereby exerting downward pressure on our overall economic growth
trajectory (AP News, 2025a; Manila Times, 2025).
The issues we are currently confronting as a result of this trade war are
multifaceted. They include disruptions to established global supply chains,
the potential for a broader deceleration of economic activity, and increased
operational costs for our enterprises (CEPR, 2025; J.P. Morgan, 2025). The
genesis of these tariffs, as articulated by the previous administration of the
United States, lay in the stated objectives of rectifying perceived unfair trade
practices, diminishing the bilateral trade imbalance, safeguarding American
intellectual property rights, and incentivizing the repatriation of
manufacturing industries (SHS Web of Conferences, 2020; Wikipedia, 2025).
In response to these considerable pressures, the People's Republic of China
has been actively implementing a range of strategic solutions aimed at
mitigating the adverse consequences of this tariff conflict. These measures
encompass the imposition of retaliatory tariffs on goods originating from the
United States, the intensification of domestic stimulus programs to bolster
internal demand, a concerted effort to diversify our network of international
trade partners, and the strategic relocation of certain segments of our
production capacity to third nations as a pragmatic means of navigating the
imposed tariffs (Global Times, 2025; CSIS, 2025; Coface, 2025). Furthermore,
we are observing the emergence of indirect pathways for our goods to reach
the U.S. market through intermediary countries (CEPR, 2025). We remain
committed to multilateralism and the principles of open and equitable trade,
and we continue to advocate for constructive dialogue and collaborative
solutions to ensure global economic stability and shared prosperity for all
nations.
MODERATOR (Chair):
The session is now in order. Delegates, welcome to the summit on Global
Inflation. Let's begin with the opening statements. The delegate from China
has the floor.
CHINA DELEGATE:
To everyone, Inflation has truly become a major issue to us all affecting most
of the people worldwide. Sadly, the ongoing tarrif war initiated by the US
have greatly influenced the economic activties all round the globe. Given
these circumstances, US delegate is there a specific reason for your country
representatives to take such risk of exposing our allied countries to a difficult
situation?
US DELEGATE
I don't think Ms. China understands our situation. Have you all forgotten the
economic crisis before? In 2007 to 2009 the most prominent global crisis
happened. Due to the collapse of the U.S housing market and subsequent
financial crisis, the great recession began and rapidly spread to other
developed nations. If we are not to make any precautionary actions I'm afraid
we are again to suffer the same phenomenon.
CHINA DELEGATE
The concern is much appreciated but have you turned your eyes blinded to
the current situation of our allied nations? If this act is to continue I am firm
that the phenomenon you are referring to might again happen. Furthermore,
i believe that even some of the developed countries are suffering greatly
from your imposed tarrif increase.
VENEZUELA DELEGATE:
Indeed, Venezuela’s inflation crisis is no isolated matter. U.S. sanctions have
devastated our currency. While they aim to enforce policy change, they also
deprive ordinary citizens of economic security. This summit must not ignore
the humanitarian impact of economic instruments.
UKRAINE DELEGATE:
I support Venezuela’s point. Ukraine, too, suffers from severe inflation—
compounded by war and worsened by trade disruptions. While we
acknowledge the need for international law, we ask that sanctions and tariffs
be applied with greater consideration for collateral economic damage.
CONGO (DRC) DELEGATE:
The situation in the Congo is even more complex. While energy issues
contribute, the real driver of inflation in the DRC is the ongoing armed
conflict. It has crippled our economy, leading to instability, currency
depreciation, and severe inflation. Without peace and security, there is no
real chance for economic recovery.
JAMAICA DELEGATE:
Jamaica shares similar concerns. Our small island economy faces significant
inflation pressures from rising global commodity prices. While conflict isn’t
the main factor for us, the global instability makes our situation harder. We
need more global support for small economies.
KENYA DELEGATE:
I agree, Jamaica. Kenya is dealing with high inflation, too, mainly driven by
soaring food and energy costs. U.S. tariffs also add extra pressure. We can't
ignore the ripple effects of these global policies. The international community
must work together to address both the causes and impacts of inflation on
vulnerable economies.
SOUTH KOREA DELEGATE:
South Korea is experiencing moderate inflation but still struggles with the
rising costs of imports, especially for food and energy. While we acknowledge
the pressures on global supply chains, it’s crucial to find ways to reduce
dependence on imported goods to lessen the impact of global inflation.
MODERATOR:
We will now proceed to a Moderated Caucus on Rising Global Inflation and
Cooperative Solutions.
CHINA DELEGATE:
Distinguished delegates, inflation is not a burden one nation can solve in
isolation. China proposes the establishment of a Global Economic
Stabilization Framework (GESF) under the supervision of the United Nations
and the IMF. This framework will prioritize:
1. Temporary tariff decrease on essential goods to ease pressure on imports.
2. Emergency funding pools for inflation-stricken economies.
3. A task force for resolving trade disputes through peaceful negotiation.
Let us choose diplomacy over division.
CHINA DELEGATE:
We welcome this proposal and suggest the inclusion of a UN Inflation
Mediation Council to provide a neutral platform for resolving trade conflicts
peacefully. We are also open to resuming trade discussions with the U.S.
under such a mechanism.
ARGETINA DELEGATE:
The United Nations Charter (1945), Article 1(3), encourages international
cooperation in solving international problems. Additionally, Articles 55 and 56
promote collaboration in achieving higher standards of living and the
protection of human rights. In line with these principles, I agree that we
reduce the tariffs imposed because of the ongoing trade war. Research
shows that no country has truly benefited from these actions. Furthermore,
political decisions must remain objective and should not be influenced by
subjective interests.
GERMANY DELEGATE:
Germany proposes adding a Sustainable Energy Pact under the GESF—
supporting shared renewable infrastructure to reduce energy-driven inflation.
Energy security is economic security.
GREENLAND DELEGATE:
While reducing tariffs is important, I also believe that we need to look beyond
reactive policies. Greenland suggests the establishment of a global inflation
response task force—under the UN framework—that will allow for real-time
policy coordination, data sharing, and targeted support to countries most
affected by inflation, especially in the Global South. Prevention must go hand
in hand with cooperation.
VENEZUELA DELEGATE:
Any true framework for inflation response must include targeted
humanitarian exceptions to economic sanctions. People should not suffer for
political disputes. We ask that this principle be enshrined in the GESF.
JAMAICA DELEGATE:
And we request that Small Island Developing States (SIDS) receive inflation
buffer grants and food import relief. The burden of inflation is not equal—we
ask for proportionate support.
MODERATOR (Chair):
Thank you, delegates. The discussion has brought forward both the
challenges and the spirit of cooperation necessary to address global inflation.
We now move forward with votations.