US-China trade tale gets twist of winners, losers in Trump's reign

Analysts think any protectionist steps could also hurt Nike, GM, Ford, Tiffany

With the arrival of China-bashing Donald Trump as president in the White House, analysts are drawing up shortlists of winners and losers from any eruption of tensions between the world's top two economies.

It's still far from clear how plans will shape up under Trump, who on the campaign trail blasted trade deals with China that generated record US deficits. What is clear: China will retaliate against any protectionist steps - not only are there reported contingency plans, but the historical example of measures against Japan when tensions flared in 2012.