Trump’s New Tariffs Shake U.S. Bitcoin Mining Industry

Trump’s New Tariffs Shake U.S. Bitcoin Mining Industry

With President Donald Trump's recent tariff announcements, the Bitcoin mining industry in the United States is about to undergo a major upheaval. All imports will be subject to a 10% universal duty starting on April 5 and additional country-specific levies starting on April 9. Significantly, Thailand and Malaysia, two important hubs in the supply chain for Bitcoin mining hardware, will be subject to higher tariffs of 36% and 24%, respectively. ...

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