US-China tariffs put the world economy 'at risk': expert The US-China trade dispute will not only have ramifications for US consumers and manufacturers, but also puts the world economy "at risk," according to Gary Shapiro, CEO of Consumer Technology Association, a standards and trade organization for the consumer electronics industry in the United States. China announced tariffs on US goods worth $60 billion in retaliation for President Donald Trump's decision to slap duties on $200 billion in Chinese products. IMAGES AND SOUNDBITES