China will extend a tariff exemption for 79 products imported from the United States that was set to expire on May 18, the Ministry of Finance said in a notice published on Monday.

China will extend a tariff exemption for 79 products imported from the United States that was set to expire on May 18, the Ministry of Finance said in a notice published on Monday.

The products include rare earth ore, gold ore, and silver ore and concentrate, according to an attached list.

The exemption will be extended until December 25, the notice said.

The products originally received exemptions from the retaliatory tariffs that China imposed on U.S. goods as countermeasures to the United States’ Section 301 action.

China has previously extended exemptions granted during the rounds of tariffs between the world’s two largest economies.

Source: El Economista