Cooling lines don't get anywhere near that PSI, but using rubber lines for ATF is a great recipe for an engine fire if you ask me.
Already had a hose heat fatigue, and rupture, spraying a nice stream of ATF on the exhaust manifold. You really don't have much in the way of choices in the cooler line issue, even the GM factory C/K tranny cooler I bought used rubber line. I just don't think its a very good idea, like rubber fuel line. If it can be avoided, great, but unless you custom make some lines, (you can) you don't have much choice but rubber.