FIRST AIRED: December 14, 2016

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Transcript

00:00:01
>> President elect Donald Trump aggressive tone with China setting off alarm bells in headquarters across America. Reuters' political reporter Ginger Gibson says there's growing fear of financial backlash.>> One trade expert source told me that they believe that the Chinese government, the Communist party has begun to put together a list of US companies that could face sanctions or retaliations.
00:00:27
That list is obviously not public but we can look quickly and easily to the largest companies that do business in China.>> That would include Boeing, Starbucks, which has 2,500 locations throughout China, and Walmart, which has 400. Car makers like GM and Ford are getting a big chunk of sales from Chinese car buyers.
00:00:46
And then, there's Apple, where sales in China top what's coming from the US. Concerns about future dealings reaching a fevered pitch this week after China said it had, quote, serious concerns after Trump publicly questioned America's long held position of one united China with Taiwan under its wings, rattling the relationship between Beijing and Washington.
00:01:10
US firms are involved in more than half a trillion dollars in Chinese commercial activity, all at risk if they don't get Trump to quiet down. But no one knows how to get that done.>> It's very difficult for these companies to speak out publicly against Trump. For sources within the business industry told us that they were speaking on the condition of anonymity because they feared being singled out by Trump.
00:01:34
We've seen Trump target businesses by name.>> But that fear may loosen its grip as US firms bet that losing China as a source of income is far worse than a Twitter spat with an incoming president.