US President Donald Trump’s pick for ambassador to China, Terry Branstad, said he would help increase trade in a “win-win” for both countries, Chinese state media reported, amid concerns over protectionist talk from the new US administration, Reuters reports. Trump has railed against China’s trade practices, blaming them for US job losses, and has threatened to impose punitive tariffs on Chinese imports. Beijing says it will work with Washington to resolve any trade disputes, but state media has warned of retaliation if Trump takes the first steps toward a trade war. Branstad, currently the governor of Iowa, said he would help to work out differences and that there was immense potential for more Chinese investment in the United States. Branstad has helped developed relationships with Chinese President Xi Jinping and other Chinese leaders.
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