国内英语资讯:Xinhua Headlines: Marathon hearings shed light on U.S. tariff harm, cherished ties with Chin_时事

国内英语资讯:Xinhua Headlines: Marathon hearings shed light on U.S. tariff harm, cherished ties with Chin

"We have a great relationship," he said.

Jean Kolloff, CEO and founder of Quinn Apparel + QI Cashmere, said her New York-based company usually makes contracts for production as early as eight months prior to shipping, meaning prices get fixed from customers and vendors.

In the wake of the tariff threat, her Chinese partner, a cashmere manufacturer in eastern China's Anhui Province, has been working two shifts to "help us out," lest costs get too high for Kolloff.

"They are literally working around the clock 24 hours a day to complete my production, to get it on a boat or on a plane and get it to the U.S. before it happens," Kolloff said.

HOPE FOR TRADE AMITY

Feinstein, among others, has urged Washington to drop the "big stick" of tariffs and pursue "alternative approaches" to address trade issues with China.

Twenty-five-percent tariffs on some 250 billion dollars' worth of Chinese goods are in effect. China, in response, raised additional tariffs as retaliatory measures on a range of U.S. products.

Beijing and Washington had held 11 rounds of trade talks until the White House escalated trade tensions by unilaterally imposing additional tariffs on Chinese goods in May, stalling efforts from both sides that had yielded positive results.

Last week, Chinese President Xi Jinping held a telephone conversation with his U.S. counterpart Donald Trump at the latter's request, and agreed to meet with Trump during the upcoming Group of 20 (G20) summit in Japan, a silver lining in the prolonged U.S.-initiated trade disputes.