If President-elect Donald Trump really does pick a fight with China over trade, his own daughter's shoe business will be among the casualties.

Trump has threatened a 45% tariff on imports to correct a trade imbalance with China. If he follows through, Ivanka Trump's line of clothes, shoes, handbags and accessories, which relies heavily on cheap Chinese labor, will be hit hard.

Her company is private, so there is no way to know how much such a tariff would cost her. But Ivanka Trump's products were streaming into the United States even as her father was railing against China in the closing months of the campaign.

A recent analysis of import records obtained by CNN shows that more than 60 shipments of Ivanka Trump brand merchandise came into American ports in the last three months.

In the past year, more than 200 shipments have arrived in the United States, all from factories in mainland China and Hong Kong, according to the records.

Robert Lawrence, a professor of international trade and investment at Harvard, started looking into the Trump brand after he heard Donald Trump talking about Nabisco, trade and Oreo cookies on the campaign trail. Mondelez, which owns Nabisco, had announced plans to cut 600 jobs at a Chicago plant and shift production to Mexico.

"They're leaving Chicago," he said at a campaign rally last year. "Which means I'm never going to eat an Oreo again. I'm serious. Never."

Related: Donald Trump and Hillary Clinton are angry about Oreos

Lawrence asked his assistant to find out where the Trump family makes things. He found that none of Ivanka Trump's products was made exclusively in the U.S.: 628 were imported, including 354 made in China.

"It was very striking to me that Mr. Trump was objecting to the behavior of Nabisco, where in fact he and his daughter relied almost entirely on imported products," he told CNN.

Earlier this year, CNN tracked Donald Trump's clothing line to manufacturers in China, Indonesia and Bangladesh. Macy's, the main seller, dropped the Donald Trump line in 2015 after he called Mexican immigrants rapists and criminals, and has said there are no plans to bring it back.

But Ivanka's line is going strong. When CNN asked whether that might change now that her father has been elected president, her company said in a statement: "We have consistently expressed that we share industry leaders' interest in bringing more manufacturing opportunities to the U.S. and are looking forward to being a part of the conversation."

The company would not answer other questions about Ivanka Trump's business or whether she had discussed a tariff on Chinese-made goods with her father.

Related: Ivanka Trump's company: Our mission is not political

Moving large-scale garment manufacturing to the United States is unlikely, experts say. Scott Nova, who studies the industry for the Worker Rights Consortium, which monitors labor conditions around the world, said he doubts any lost garment jobs will come back, no matter who is president.

"There is a worldwide search for the countries with the lowest wages and the least regulation, which makes it possible to produce extremely cheaply," Nova said. "I'm unaware of any way in which the Trump brand has taken a different approach than the one that is, unfortunately, standard in the industry."

He said that for some companies, Chinese workers making more than $1 an hour are too expensive -- so they've moved to Bangladesh, where garment-makers earn 30 cents.</s>Trump's comments on Fox News Sunday came after he prompted a diplomatic protest from China over his decision to accept a telephone call on Dec. 2 from Taiwan's president.

"I fully understand the 'one China' policy, but I don't know why we have to be bound by a 'one China' policy unless we make a deal with China having to do with other things, including trade," Trump told Fox News.

Trump's call with President Tsai Ing-wen was the first such contact with Taiwan by a U.S. president-elect or president since President Jimmy Carter switched diplomatic recognition from Taiwan to China in 1979, acknowledging Taiwan as part of "one China."

Beijing considers Taiwan a renegade province and the subject is a sensitive one for China.

Chinese officials had no immediate reaction to Trump's remarks.

After Trump's phone conversation with Taiwan's president, the Obama administration said senior White House aides had spoken with Chinese officials to insist that Washington's "one China" policy remained intact. The administration also warned that progress made in the U.S. relationship with China could be undermined by a "flaring up" of the Taiwan issue.

Following Trump's latest comments, a White House aide said the Obama administration had no reaction beyond its previously stated policy positions.

In the Fox interview, Trump criticized China over its currency policies, its activities in the South China Sea and its stance toward North Korea. He said it was not up to Beijing to decide whether he should take a call from Taiwan's leader.

"I don't want China dictating to me and this was a call put in to me," Trump said. "It was a very nice call. Short. And why should some other nation be able to say I can't take a call?"

"I think it actually would've been very disrespectful, to be honest with you, not taking it," Trump added.

Trump plans to nominate a long-standing friend of Beijing, Iowa Governor Terry Branstad, as the next U.S. ambassador to China.

However, Trump is considering John Bolton, a former Bush administration official who has urged a tougher line on Beijing, for a senior role at the U.S. State Department, according to a source familiar with the matter.

The source said Bolton was a leading candidate for the No. 2 job at the State Department.

In a Wall Street Journal article last January, Bolton said the next U.S. president should take bolder steps to halt China' military aggressiveness in the South and East China seas.

Bolton said Washington should consider using a "diplomatic ladder of escalation" that could start with receiving Taiwanese diplomats officially at the State Department and lead to restoring full diplomatic recognition.

In the Fox interview, Trump brought up a litany of complaints about China which he had emphasized during his presidential campaign.

"We're being hurt very badly by China with devaluation, with taxing us heavy at the borders when we don't tax them, with building a massive fortress in the middle of the South China Sea, which they shouldn't be doing, and frankly with not helping us at all with North Korea," Trump said. "You have North Korea. You have nuclear weapons and China could solve that problem and they're not helping us at all."

Economists, including those at the International Monetary Fund, have widely viewed China's efforts to prop up the yuan's value over the past year as evidence that Beijing is no longer keeping its currency artificially low to make Chinese exports cheap.

Some U.S. analysts warned that Trump could provoke a military confrontation if he presses the Taiwan issue too far.

"China is more likely to let the whole relationship with the United States deteriorate in order to show its resolve on the Taiwan issue," said Jessica Chen Weiss, an associate professor of government at Cornell University and an expert in Chinese nationalism.

"When the decision to end a decades-long practice is made with so little warning and clear communication, it raises the likelihood of misunderstanding and miscalculation and sets the stage for a crisis between the United States and China over Taiwan," Chen Weiss said.

Mike Green, a former top adviser on Asia to former President George W. Bush, said ending the "one China" policy would be a mistake because it would throw the U.S.-China relationship into turmoil and jeopardize Beijing's cooperation on issues such as North Korea.

But Green, who is now with the CSIS think tank, said he does not believe that Trump intends to go that far and there was "logic to serving Beijing notice that he will not be dictated to on issues like Taiwan."

On Sunday, China's top diplomat, State Councilor Yang Jiechi was traveling to U.S. neighbor Mexico, according to the official news agency Xinhua, but Mexican officials could not offer details.

Mexico has been deepening ties with China, which is partly funding a multi-billion dollar wholesale mobile network while China Offshore Oil Corporation took two of the eight blocks of deep water oil fields offered in a historic auction this month.</s>Forget the notion that Donald Trump, the president, will be markedly different from Donald Trump, the politically incorrect candidate.

The makeup so far of the Trump cabinet and White House is a near-perfect reflection of the steady stream of Twitter postings by @realDonaldTrump. For the most part, they’re conservative ideologues, who tend to see the world in absolutes, rather than pragmatists who appreciate life’s subtler hues.

They’re against public health care and public schools. They’re hardliners on Islam and illegal immigrants. They’re protectionist, pro-Big Business climate-change skeptics. A few are drawn to conspiracy theories. They want closer ties with Russia, and they’re deeply suspicious of China and Iran.

And like Mr. Trump, many are ultrarich white men, and generally well past normal retirement age.

“It will be a government very much in Donald Trump’s image,” said Larry Sabato, director of the University of Virginia’s Center for Politics. “Trump is less a philosophy than a cult about Trump. He loves generals. He loves businessmen and people with very strong views, who know exactly what they want to do.”

But he cautioned that most important policy decisions are made in the Oval Office of the White House, not by the heads of the various agencies and departments.

“Trump has been entirely predictable, postelection, from his pre-election campaign and statements,” argued Thomas Mann, senior fellow of governance studies at the Brookings Institution in Washington.

But far from being a reflection of Mr. Trump’s own ideology, his cabinet is shaping up as a tool of the conservative wing of the Republican party. For many, their first big test is surviving the Senate confirmation hearings.

“This is really a battle over whether the Republicans get their agenda enacted and signed into law with Trump … who heretofore has never shown much interest in their agenda,” Mr. Mann said. “He’s not a policy guy and that’s what is so unnerving to anyone who knows anything about government.”

Trump connection: He brings loyalty, friends in Congress and a staunch conservative voting record to the cabinet table. Mr. Sessions was the first senator to endorse Mr. Trump for president during the election campaign. Mr. Sessions has opposed immigration reform, voting protections for minorities and lower mandatory minimum prison sentences. In 1986, a Republican-controlled committee blocked his bid for a federal judgeship over allegations of racially charged comments and actions while he was a federal prosecutor in Alabama, including allegations he called an African-American colleague “boy.”

Job No. 1: Help carry out Mr. Trump’s promised crackdown on illegal immigrants.

Trump connection: Money and loyalty. Mr. Mnuchin joined Mr. Trump’s campaign as finance chair in May, raising millions in cash for his then-sputtering campaign. Before that, he had been a behind-the-scenes confidante. Mr. Mnuchin’s stand on major public-policy issues is a blank slate, but his track record in business is not. He and his family pocketed millions of dollars in profits before Bernie Madoff’s Ponzi scheme unwound. He was also chairman and investor in OneWest Bank, a lender with a penchant for foreclosing on low-income homeowners during the housing crash. Over the years, he has made political contributions to both Republicans and Democrats.

Job. No. 1: Big tax cuts for companies and individuals; a rollback of federal regulation of Wall Street.

Previous life: Chairman and CEO of Exxon Mobil Corp. and past president, Boy Scouts of America

Trump connection: Mr. Tillerson has no obvious link to Mr. Trump. But they do share a passion for business deal-making and a desire to forge closer ties to Russia. The Exxon executive developed a friendship with President Vladimir Putin, who awarded him Russia’s Order of Friendship in 2012. Mr. Tillerson also brokered a partnership between Exxon and Russian government-owned oil company Rosneft and opposed U.S. sanctions against Russia after its invasion of Crimea.

Job. No. 1: Repair relations with Russia and stickhandle Mr. Trump’s desire for a tougher position against China.

Previous life: U.S. Marine Corps general who oversaw U.S. wars in Iraq and Afghanistan

Trump connection: While they did not know each other, Mr. Trump is clearly drawn to the tough-talking retired general, who he says is the “closest thing to General George Patton that we have.” In a 2005 speech, Mr. Mattis talked about fighting the Taliban in Afghanistan, saying, “It’s fun to shoot some people.” But he will need a special waiver from Congress to serve because he has not been out of the military for the seven years required by U.S. law.

Political experience: Long-time Republican official, nationally and in Wisconsin

Trump connection: Mr. Priebus’s main connection is to the Republican establishment, not Mr. Trump. But he scored loyalty points as an early defender of Mr. Trump’s antics during the primaries, praising his ability to get Americans and the media to pay attention to Republicans. “People are looking for genuine and authentic people,” he told Time Magazine in January. And yet, Mr. Priebus was among a group of Republicans pushing the party to reach out to Hispanic voters – a strategy that Mr. Trump turned upside-down with his pledge to build a wall on the border with Mexico.

Job No. 1: As the White House gatekeeper, Mr. Priebus’s toughest job may be keeping the president on message, rather than keeping the rest of the world out.

Previous life: Trump campaign manager, head of the ultraright-wing Breitbart News website, ex-Goldman Sachs banker

Trump connection: Mr. Bannon is the epitome of loyalty to Mr. Trump. He joined the campaign in August after the firing of Paul Manafort – a reward for Breitbart’s relentless support for Mr. Trump. On the inside, Mr. Bannon was the leader of the let-Trump-be-Trump camp. Even among Republicans, he is regarded with suspicion because of his role in the divisive white nationalist movement. His ex-wife has accused him of making anti-Semitic remarks.

Job No. 1: Helping keep Mr. Trump in touch with the white rural and suburban voters who elected him.

Trump connection: Mr. Ross is a kindred spirit to Mr. Trump – a blunt-talking deal maker who sees the world in black and white. He has shown a fondness for old industries – including steel, coal and textiles – bankrupt companies and old-school protectionism. He has called for threatening China with steep tariffs and freeing the United States from the “bondage” of bad trade agreements. Mr. Ross is also an advocate of steep tax cuts and looser regulation of energy companies – all common themes of Mr. Trump’s unconventional campaign.

Job No. 1: Much tougher trade enforcement, a stare-down with China and a renegotiation of NAFTA.

Previous life: Retired U.S. Army lieutenant-general and former director of the Defense Intelligence Agency

Trump connection: Like many of Mr. Trump’s picks, Mr. Flynn shuns political correctness and diplomacy. He also loves Twitter and has shown a fondness for fake news and various right-wing conspiracies involving the Clintons. A day before the election, he posted on Twitter: “U decide – NYPD Blows Whistle on New Hillary Emails: Money Laundering, Sex Crimes w Children, etc… MUST READ!” He also shares with Mr. Trump a deep distrust of Iran and militant Islam, saying the United States is in a world war and that fear of Muslims is “rational.”

Job No. 1: Looking to pick a fight somewhere in the world.

Previous life: Retired U.S. Marine general, chief of the U.S. Southern Command

Trump connection: Mr. Kelly is blunt and plain-spoken. But it’s his concern about drugs, terrorism and other cross-border threats, mainly along the U.S. southern border, that seems to have hit Mr. Trump’s sweet spot. Mr. Kelly will be the point-man on one of Mr. Trump’s signature campaign slogans, building a wall on the full length of the U.S.-Mexico border. He’s also on record advocating a much tougher stand in the Middle East and against global terrorism.

Previous life: Orthopedic surgeon, Georgia member of the U.S. House of Representatives

Trump connection: What Mr. Price brings to the cabinet is less about Mr. Trump and more about piloting a pet Republican initiative through Congress – getting rid of Obamacare, which expanded health coverage to millions of Americans. Mr. Price has long complained that Washington shouldn’t be dictating what kind of care Americans get, while advocating a much larger private-sector role. Among other things, Mr. Price opposes federal funding of abortion and forcing private insurers to cover contraception. He has also called for restricting access to two expensive federal programs for seniors and the poor – Medicare and Medicaid.

Job. No. 1: Get Congress to repeal and replace the Affordable Care Act.

Political experience: He served as an Oklahoma state senator from 1998 to 2006, with stints as party whip and assistant floor leader, where the evangelical Christian focused on faith-based legislation and accountability in government spending.

Trump connection: Mr. Pruitt is linked to Mr. Trump through the president-elect’s energy adviser, Harold Hamm, the head of Continental Resources, one of the country’s biggest oil producers, according to Politico. Mr. Pruitt shares a strong sense of skepticism with Mr. Trump about global warming. He co-authored a piece with Alabama Attorney-General Luther Strange in which they wrote: “Scientists continue to disagree about the degree and extent of global warming and its connection to the actions of mankind.” As attorney-general, Mr. Pruitt has repeatedly sued the EPA over environmental regulations imposed by the Obama administration.

Job No. 1: Implement Mr. Trump’s plan to dismantle much of the EPA’s regulatory regime.

Previous life: Chairwoman of Windquest Group, an investment management firm, though she acquired her billionaire status through inheritance and by marrying into the DeVos family, which founded AmWay. She and her husband, Dick, are also noted philanthropists.

Political experience: Since 1982, she has been active in the Michigan Republican Party, and was elected chair in 2003.

Trump connection: Tenuous at best. During the primaries, she donated to the campaigns of Jeb Bush and Carly Fiorina, before throwing her support behind Marco Rubio. She called Mr. Trump an “interloper” who “does not represent the Republican Party.” Ms. DeVos is a strong supporter of vouchers, charter schools and other education measures that focus on parental choice. Critics say such policies would divert public funds to support private schools.

Previous life: Secretary of labour for George W. Bush through both terms.

Political experience: Prior to secretary of labour, she served as director of the Peace Corps, deputy secretary of transportation and chair of the Federal Maritime Commission under George H.W. Bush. She also had posts in the Reagan administration and a successful career in banking.

Trump connection: No direct link. She is married to Republican Senate Majority Leader Mitch McConnell, and is deeply connected to the Washington power structure. She was born on Taiwan, where her parents fled from mainland China, before immigrating to the United States when she was 8. Equally at home at the United Way, the Heritage Foundation, corporate boards and Fox News, Ms. Chao is considered a master of the federal bureaucracy who can get things done.

Job No. 1: Implement a key portion of Mr. Trump’s $1-trillion (U.S.) plan for renewing the national infrastructure.

Previous life: Member of the House of Representatives from Kansas, lawyer, businessman, Gulf War veteran

Trump connection: Unlike many other cabinet and staff picks, Mr. Pompeo was not an early loyalist. But his views dovetail nicely with some of the president-elect’s campaign rhetoric. He has been harshly critical of President Barack Obama’s nuclear deal with Iran and his handling of the 2012 attack on the U.S. embassy in Benghazi, Libya. He has ties to the ultraconservative billionaires Charles and David Koch, who backed his first campaign. In Congress, Mr. Pompeo has pushed some of the Koch brothers’ top priorities and defended them against Democratic criticism.

Job No. 1: Refocus intelligence gathering on Iran and China.</s>When Donald Trump becomes U.S. president next month, one issue above all others could force his new administration to work closely with China and underscore why he and Beijing need each other — North Korea.

A nuclear armed North Korea, developing missiles that could hit the U.S. West Coast, is clearly bad news for Washington but also Pyongyang’s sometimes-reluctant ally Beijing, which fears one day those missiles could be aimed at them.

“There is enormous space for the two countries to cooperate on North Korea. The two must cooperate here. If they don’t, then there will be no resolution to the North Korean nuclear issue,” said Ruan Zongze, a former Chinese diplomat now with the China Institute of International Studies, a think tank affiliated with the Foreign Ministry.

“It’s no good the United States saying China has to do more. Both have common interests they need to pursue, and both can do more,” he added.

North Korea is a tricky proposition even at the best of times for China, and simply easing up on U.N. sanctions as a way to express displeasure at Trump’s foreign policies could backfire badly for China, said one China-based Asian diplomat.

“They can’t really do that without causing themselves problems,” the diplomat added, pointing to China’s desire to denuclearize the Korean Peninsula.

From North Korea to Iran to a closely entwined business relationship worth $598 billion in 2015, the two countries have broad common interests, and China expects Trump to understand that.

While China was angered by Trump’s call this month with Taiwan President Tsai Ing-wen, and then casting doubt over the future of the “one China” policy under which the U.S. recognizes Taiwan as being part of China, it was also quite restrained, said a senior Beijing-based Western diplomat

“China’s game now is to influence him and not antagonize him,” he said, speaking on condition of anonymity.

China believes the two countries need each other, and as Trump is a businessman he understands that, the state-run People’s Daily’s wrote last month.

“The importance of the China-U.S. relationship goes without saying, and can be said to be too big to fail,” the Communist Party mouthpiece wrote in a commentary.

China also expects a transactional relationship with the deal-making Trump, especially on trade, even if for Beijing Taiwan is completely off limits for negotiation.

“Trump is a businessman. He wants a deal,” a source with ties to the Chinese leadership said, requesting anonymity. “He wants the biggest benefit at the smallest cost.”

On the campaign trail, Trump threatened punitive tariffs on China, and has recently repeated his criticism of Chinese trade policy, dovetailing with his Taiwan comments.

“This is provocation, but war is unlikely,” a second Chinese source with leadership ties said of Trump’s Taiwan moves.

“The Chinese side will not easily yield,” the source said. “We expect tensions.”

Wang Huiyao, head of the Centre for China and Globalization and a government adviser, said China should invite the United States to join the Beijing-lead Asian Infrastructure Investment Bank.

“He will pursue U.S. interests and to do so he cannot ignore the huge benefits that come from China-U.S. trade relations,” Wang said.

The Asian diplomat said some Chinese officials had expressed “euphoria” at Trump’s election, believing it marked the end of U.S. dominance in the world and represented China’s chance to seized the initiative.

But Trump’s unexpected move to put the Taiwan issue center stage in relations with China had put an end to that.

“They’re not as happy now,” he said.

To be sure, there are voices in China seeing opportunity in a Trump presidency.

Huo Jianguo, former head of a trade policy body under China’s Commerce Ministry, said Trump is likely to reduce the United States’ engagement with the world, presenting an opening for China.

“Under Obama, China-U.S. relations had already deteriorated to their worst possible level. Trump will not continue to ratchet up what were clearly ideological attempts to suppress China,” Huo said.

“China should not seek to immediately take the lead in global governance. They should first lead RCEP to become successful, then from here China’s global influence can take root,” Huo added, referring to a Southeast Asian-backed free trade deal China has championed.

Even the Global Times, an influential and normally stridently nationalistic tabloid, has sought to temper expectations on how China could use a Trump presidency to its advantage.

“China still cannot match the U.S. in terms of comprehensive strength,” it said in an editorial. “It has no ability to lead the world in an overall way, plus, neither the world nor China is psychologically ready for it. It’s beyond imagination to think that China could replace the U.S. to lead the world.”</s>President-elect Donald J. Trump said his support for the decades-old One-China policy will hinge on cutting a better deal on trade and that other nations, especially China, shouldn’t be deciding whom he talks to.

“I fully understand the One-China policy, but I don’t know why we have to be bound by a One-China policy, unless we make a deal with China having to do with other things, including trade,” Trump said in interview with Fox News Sunday.

“I don’t want China dictating to me,” he added, echoing his comment a week ago on Twitter, days after he broke with decades of protocol and spoke by phone with Taiwan’s president in a move that prompted a Chinese protest.

Last week, Trump told a crowd in Iowa that China would soon have to “play by the rules.”

The Republican threatened during his campaign to brand China a currency manipulator immediately upon taking office, and to slap 45-percent tariffs on its exports to the US.

The US is being “being hurt very badly by China with devaluation, with taxing us heavy at the borders when we don’t tax them, with building a massive fortress in the middle of the South China Sea, which they shouldn’t be doing, and frankly with not helping us at all with North Korea,” he said in the Fox interview, which was taped on Saturday.

The comments come after Trump’s 10-minute phone call with Tsai Ing-wen in early December, the closest a leader of Taiwan has come to getting formal recognition from Washington since the US established ties with the Communist government in Beijing almost four decades ago.

The One-China policy is an acknowledgment that Taiwan and China are part of the same China, even if they disagree on what that means. China regards it as a bedrock policy, not the bargaining chip that Trump suggested.

The Trump call, which helped Tsai draw global attention to the democratically run nation’s increased isolation in the shadow of a rising China, may have been a first step to upending the balance, weeks before Trump takes office on January 20.

Trump’s comments are significant because, while he suggests the US wants to include the One-China policy as part of broader trade discussions, the government in Beijing considers the arrangement nonnegotiable.

In fact, Chinese leaders define Taiwan as a so-called core interest, with the view the island belongs to China and will never be independent.

“It seems pretty clear that Trump wants to use the One-China policy as a bargaining chip—the risk is real and present,” said Wang Tao, head of China economic research at UBS AG in Hong Kong. “For China, there is no balancing of trade and Taiwan—Taiwan is considered the utmost core interest of China, not for bargaining.”

The Global Times, a party-run newspaper, said in an editorial on Monday the One-China policy “cannot be bought or sold.”

“It looks like Trump only knows about business and thinks everything can be assessed with a price tag, and as long as he’s powerful enough, he could use force to buy or sell,” the paper said. China should make Trump “hit some snags” to show him it’s not “easy to bully,” it said. The policy was worked out in the 1970s as President Richard Nixon switched formal diplomatic recognition to Beijing from Taiwan’s Kuomintang government, which fled to the island during a civil war three decades earlier.

At the same time, China has been willing to allow Taiwan almost complete unofficial sovereignty. The US has sold billions of dollars in weapons to the Taiwan government over the years, while China’s own trade with the island has risen steadily.

“For over three decades, Washington’s interactions with Taiwan have been the most sensitive, contentious, and choreographed aspects of US-China relations,” Derek Chollet, a senior adviser at the German Marshall Fund and former member of the Obama administration, said last week. “The fact this call happened and the way it was reported out either reflects ambivalence or ignorance about that history—or maybe both.”

China may use the phone call as leverage in interactions with the US, he said. “They may use this as an excuse to find some way to respond, to stick it to us,” Chollet said. “China unquestionably considers the years to come as a huge opportunity, when the US will likely be embroiled in domestic crisis and pursuing policies that will leave it more isolated in the world, so this move, whether intended or not, gives them a grievance to pursue.”

While it emerged that former US Sen. Bob Dole, acting as a paid lobbyist for Taiwan’s government, connected Trump’s staff with Taiwanese officials in advance of the call, Trump defended his decision to speak with Tsai. He said he accepted the call, which was made by Tsai. Claims from his own advisers that he was considering the move for weeks were “all wrong,” he said.

“Why should some other nation be able to say I can’t take a call?” Trump said. “It actually would’ve been very disrespectful, to be honest with you, not taking it.”</s>If President-elect Donald Trump really does pick a fight with China over trade, his own daughter's shoe business will be among the casualties.

Trump has threatened a 45% tariff on imports to correct a trade imbalance with China. If he follows through, Ivanka Trump's line of clothes, shoes, handbags and accessories, which relies heavily on cheap Chinese labor, will be hit hard.

Her company is private, so there is no way to know how much such a tariff would cost her. But Ivanka Trump's products were streaming into the United States even as her father was railing against China in the closing months of the campaign.

A recent analysis of import records obtained by CNN shows that more than 60 shipments of Ivanka Trump brand merchandise came into American ports in the last three months.

In the past year, more than 200 shipments have arrived in the United States, all from factories in mainland China and Hong Kong, according to the records.

Robert Lawrence, a professor of international trade and investment at Harvard, started looking into the Trump brand after he heard Donald Trump talking about Nabisco, trade and Oreo cookies on the campaign trail. Mondelez, which owns Nabisco, had announced plans to cut 600 jobs at a Chicago plant and shift production to Mexico.

"They're leaving Chicago," he said at a campaign rally last year. "Which means I'm never going to eat an Oreo again. I'm serious. Never."

Related: Donald Trump and Hillary Clinton are angry about Oreos

Lawrence asked his assistant to find out where the Trump family makes things. He found that none of Ivanka Trump's products was made exclusively in the U.S.: 628 were imported, including 354 made in China.

"It was very striking to me that Mr. Trump was objecting to the behavior of Nabisco, where in fact he and his daughter relied almost entirely on imported products," he told CNN.

Earlier this year, CNN tracked Donald Trump's clothing line to manufacturers in China, Indonesia and Bangladesh. Macy's, the main seller, dropped the Donald Trump line in 2015 after he called Mexican immigrants rapists and criminals, and has said there are no plans to bring it back.

But Ivanka's line is going strong. When CNN asked whether that might change now that her father has been elected president, her company said in a statement: "We have consistently expressed that we share industry leaders' interest in bringing more manufacturing opportunities to the U.S. and are looking forward to being a part of the conversation."

The company would not answer other questions about Ivanka Trump's business or whether she had discussed a tariff on Chinese-made goods with her father.

Related: Ivanka Trump's company: Our mission is not political

Moving large-scale garment manufacturing to the United States is unlikely, experts say. Scott Nova, who studies the industry for the Worker Rights Consortium, which monitors labor conditions around the world, said he doubts any lost garment jobs will come back, no matter who is president.

"There is a worldwide search for the countries with the lowest wages and the least regulation, which makes it possible to produce extremely cheaply," Nova said. "I'm unaware of any way in which the Trump brand has taken a different approach than the one that is, unfortunately, standard in the industry."

He said that for some companies, Chinese workers making more than $1 an hour are too expensive -- so they've moved to Bangladesh, where garment-makers earn 30 cents.</s>MEXICO CITY (Reuters) - China and Mexico pledged on Monday to deepen ties at a meeting between their top diplomats following last month’s U.S. presidential election victory of Donald Trump, who has tested Washington’s relationship with both countries.

Mexico's Foreign Minister Claudia Ruiz Massieu (3rd L) and Chinese State Councilor Yang Jiechi (2nd R) attend a private meeting at the foreign ministry building (SRE), in Mexico City in this undated handout photo released to Reuters by the Mexican Foreign Ministry office on December 12, 2016. Mexico's Foreign Ministry office/Handout via REUTERS

Before arriving in Mexico on Sunday, Chinese State Councillor Yang Jiechi met with members of Trump’s team in New York, including his pick for national security adviser, retired Army Lieutenant General Michael Flynn.

Mexico has been exploring ways to lessen its economic dependence on the United States out of fear that access to its No. 1 trade partner will be restricted by policies under Trump, who promises to protect American jobs from going outside the country.

Yang’s meeting with Mexican Foreign Minister Claudia Ruiz Massieu included discussions of enhancing trade and investment ties, Mexico’s Foreign Ministry said in a statement, as well as improving flight connections between the two countries.

“They agreed to deepen mutual trust and develop the bilateral dialogue about subjects of mutual interest via the Mexico-China Strategic Dialogue,” the ministry said, without giving more details.

Yang said in the meeting that China’s comprehensive partnership with Mexico was “flourishing” day by day, adding that China wishes to deepen cooperation on trade, investment, resources, infrastructure and financial services, according to a statement on the Chinese foreign ministry website.

After his meeting with Ruiz Massieu, Yang had a “courtesy visit” with President Enrique Pena Nieto.

The Chinese government has bristled at Trump’s moves in recent days, protesting his decision to accept a telephone call from Taiwan’s president and voicing concern after a weekend interview on “Fox News Sunday” in which Trump questioned whether the United States had to stick with a “one China” policy. China considers Taiwan a renegade province.

Mexico’s relationship with China appeared to cool after Pena Nieto scrapped high-profile rail and retail projects that were supposed to usher in a new era of business between the manufacturing rivals.

But Mexico last week awarded two deepwater oil blocks to China’s Offshore Oil Corporation during a historic auction that was part of the country’s energy reform.

“The China-Mexico relationship is back on again,” said Evan Ellis, a research professor at the U.S. Army War College who specializes in China’s presence in Latin America.

“The election of President Trump and the associated threat to NAFTA probably was one driver for (Pena Nieto) to position Mexico to diversify its foreign economic engagements,” Ellis added.

Trump has vowed to renegotiate or scrap the North American Free Trade Agreement, a trade deal important to Mexico, which includes the United States and Canada.</s>Before arriving in Mexico on Sunday, Chinese State Councillor Yang Jiechi met with members of Trump's team in New York, including his pick for national security adviser, retired Army Lieutenant General Michael Flynn.

Mexico has been exploring ways to lessen its economic dependence on the United States out of fear that access to its No. 1 trade partner will be restricted by policies under Trump, who promises to protect American jobs from going outside the country.

Yang's meeting with Mexican Foreign Minister Claudia Ruiz Massieu included discussions of enhancing trade and investment ties, Mexico's Foreign Ministry said in a statement, as well as improving flight connections between the two countries.

"They agreed to deepen mutual trust and develop the bilateral dialogue about subjects of mutual interest via the Mexico-China Strategic Dialogue," the ministry said, without giving more details.

After his meeting with Ruiz Massieu, Yang had a "courtesy visit" with President Enrique Pena Nieto.

The Chinese government has bristled at Trump's moves in recent days, protesting his decision to accept a telephone call from Taiwan's president and voicing concern after a weekend interview on "Fox News Sunday" in which Trump questioned whether the United States had to stick with a "one China" policy. China considers Taiwan a renegade province.

Mexico's relationship with China appeared to cool after Pena Nieto scrapped high-profile rail and retail projects that were supposed to usher in a new era of business between the manufacturing rivals.

But Mexico last week awarded two deepwater oil blocks to China's Offshore Oil Corporation during a historic auction that was part of the country's energy reform.

"The China-Mexico relationship is back on again," said Evan Ellis, a research professor at the U.S. Army War College who specializes in China's presence in Latin America.

"The election of President Trump and the associated threat to NAFTA probably was one driver for (Pena Nieto) to position Mexico to diversify its foreign economic engagements," Ellis added.

Trump has vowed to renegotiate or scrap the North American Free Trade Agreement, a trade deal important to Mexico, which includes the United States and Canada.</s>Just look at the stock market: Investors clearly believe Donald Trump's policies will deliver an immediate boost to the U.S. economy.

But beyond America's borders, the outlook is much more grim.

Trump is moving into the White House at a time when the global economy is under severe strain: Trade growth is stalling, China is struggling to implement difficult reforms and Europe is being rocked by political instability.

If the president-elect follows through on his campaign promises, analysts say he could make each of these problems worse.

Here's a look at how Trump could impact the global economy:

It's been eight years since the world was brought to the brink by the financial crisis. But economies are still struggling to heal.

The International Monetary Fund expects global growth of just 3.4% in 2017. The world economy was growing by around 5% in the years leading up to the financial crisis.

It has warned that the restrictions on trade and immigration championed by Trump would further hamper global growth.

Trump has threatened to tear up free trade agreements and slap huge tariffs on China and Mexico. Doing so would cause global growth to slow to 2.2% in 2017, and 2% in the following two years, according to Oxford Economics.

"Turning back the clock on trade can only deepen and prolong the world economy's current doldrums," said Maurice Obstfeld, the IMF's chief economist.

New tariffs and weaker global trade will eventually rebound to hit the U.S. The OECD, for example, warns that Trump's anti-trade agenda risks canceling out the boost to the U.S. from his fiscal stimulus program.

And Moody's has calculated that Trump's tariffs on Mexico and China would hike the price of goods imported to the U.S. by an average of 15%.

"If he pushes ahead with his protectionist policies, Trump will pose the single biggest risk to the global economy," said Gregory Daco, head of U.S. economics at Oxford Economics.

Related: 3 ways Trump can slap tariffs on China and Mexico

Trump has already risked a major diplomatic row by questioning the "one China" policy and accepting a phone call from the leader of Taiwan, which Beijing considers to be a rogue province.

The confrontational stance risks damaging the world's most important trading relationship at a time when both countries are facing economic uncertainty.

In China, economic growth is already slowing as Beijing implements reforms that are designed to boost consumer spending and overhaul the country's financial system.

Chinese exports have been falling, but the country still sent $410 billion worth of goods to the U.S. in 2015. If Trump implements tariffs at the level he promised during the campaign, profits earned by factory owners could be wiped out.

Tim Wu, who owns a tin can factory in Dongguan, said his products have a profit margin of only 10%.

"There will be very big impact on us," he told CNNMoney in November. "Our price will increase, and if our clients cannot accept it, we won't be able to continue manufacturing in China. We'll have to move [the factory] overseas."

Daco, the economist, estimated that China's GDP growth would slow to less than 5% if Trump follows through on his proposed tariffs.

"A major factor underpinning restraint has been the belief on both sides that, on balance, the bilateral trade and investment relationship is too important to jeopardize," analysts at Control Risks wrote of the U.S.-China relationship. "As of January, when Trump takes the oath of office, the feeling is no longer mutual."

Related: What Trump should do first to grow the economy

Europe was hoping for a strong ally in the White House, but Trump was a major cheerleader for the vote that pushed Britain out of the European Union. He even described the U.S. election as "Brexit plus plus plus."

As president, Trump will have the chance to further influence the continent's unsettled political situation.

Early this month, voters in Italy delivered a stunning rebuke to the country's political establishment by rejecting constitutional reform. Italy's prime minister resigned, raising the risk that it could exit the eurozone.

Further turmoil could be ahead: Germany and France will both hold major elections in 2017.

Related: What President Trump means for your pocketbook

Trump has already pledged to abandon the Trans-Atlantic Trade and Investment Partnership (TTIP), a free trade agreement between the U.S. and Europe that has been in the works for years.

European powers are also closely monitoring Trump's relationship with Russia. An easing of sanctions on Moscow could unsettle NATO allies in eastern Europe who are worried about a resurgent Russia.

What's next? It could be a bumpy ride.</s>US President-elect Donald Trump has upset China by speaking to the president of self-ruled Taiwan. (Photo: AP)

Beijing: US President-elect Donald Trump has upset China by speaking to the president of self-ruled Taiwan and saying the United States did not necessarily have to be bound by its long-standing position that Taiwan is part of China.

Taiwan is arguably the most sensitive part of the China-US relationship, and China has never renounced the use of force to bring the island it regards as a renegade province under its control.

Here are 10 things China could do to retaliate against the Trump administration if he continues to push the Taiwan issue.

If Trump offers any type of formal diplomatic recognition to Taiwan, China would likely severe its own diplomatic ties with the United States, in what would be an extreme and highly disruptive move. China refuses to have diplomatic ties with any nation that also has diplomatic relations with Taiwan. Cutting ties with Washington would likely be a final resort by Beijing.

China could signal its resolve over Taiwan by holding war games close to the island, for example by effectively closing off air and shipping routes by lobbing missiles into waters close to Taiwan's densely populated western coast, a move that would deeply unsettle the region. Chinese state media have even suggested military means may now be needed to settle the Taiwan issue once and for all.

China has been angered by U.S. freedom-of-navigation patrols in the disputed South China Sea, where China has been reclaiming land on the islands and reefs it occupies and building airfields and other facilities.

So far, China has responded to US patrols by shadowing them and issuing verbal warnings. China may take more forceful measures to future US patrols. In 2001, a US spy plane was forced to land in China after colliding with a Chinese fighter over the South China Sea.

Beijing would be reluctant to see a military clash as China needs a peaceful South China Sea to keep its trade lanes open.

Sanctioning US companies involved in arms sales to Taiwan

In 2010, Beijing reacted with fury to the Obama administration plans for a new round of weapons sales to Taiwan, threatening to sanction the U.S. companies involved. The threats ultimately did not come to fruition.

Cut its holdings of US Treasuries

China is America's biggest creditor, holding $1.16 trillion dollars worth of U.S. Treasuries as of September.

If Beijing decided to suddenly liquidate a big chunk of its holdings, it could do severe damage to US debt markets, forcing the United States to scramble for funds. A big retaliatory sell-off of US government debt by China would not be a precision strike, though. Such a move would roil global markets and likely even rebound on China's own, making this, in some analysts' minds, a worst case scenario short of war.

The United States has repeatedly urged China to "get tough" on nuclear-armed North Korea, and while China is Pyongyang's most important economic and diplomatic backer, it has also been infuriated by its nuclear and missile tests.

While China could ease up on United Nations sanctions on North Korea to express displeasure with the United States, it could boomerang and end up giving succour to Pyongyang and its missile and nuclear programmes, something Beijing does not want.

Indirect levers exist for hitting companies via state-run media and consumer organisations, or just stoking popular sentiment.

After China lost an international ruling earlier this year over its claims in the South China Sea, several U.S. brands became targets for short-lived anti-U.S. protests and boycott calls, including Apple Inc and KFC-parent Yum Brands Inc.

US companies could also face higher tariffs as well as outright substitution of their products, such as aircraft, in favour of Chinese or other foreign competitors.

China might throw bureaucratic obstacles in the way of US firms in the country. A senior executive in China at a large American consumer goods firm told Reuters any strike back against US firms would likely involve local authorities clogging up approval processes or slowing down paperwork, rather than a loud and brash response.

China, the world's top consumer of commodities from copper, to corn to crude oil, could hit the United States if it sought alternative supplies of agricultural products.

Volumes of U.S. agricultural imports from corn to soybeans into China hit a record 47.9 million tonnes in 2015.

A Trump departure from a one China policy would almost certainly undermine bilateral investment treaty talks. Trump may not be a fan of those to begin with, but greater market access under a Bilateral Investment Treaty tops the U.S. business community's wish list for China.

The U.S.-China BIT had long been viewed within the broader foreign business community to be the vanguard of liberalizing investment deals with China. If those talks stall, it's possible China will promote investment treaty talks with Europe.

If Trump goes back on One China, it's possible there could be a Chinese reversal on cyber security commitments made between Xi and Obama in 2015, which U.S. government advisers and security experts have credited with reducing China-led cyber-espionage.
Representatives from China and Mexico pledge to deepen ties between their countries as a reaction to Donald Trump's positions on trade.