Trump’s Tariffs Impact Bitcoin Mining Industry: Supply Chains Brace for Change

The U.S. Bitcoin mining industry is bracing for potential disruption as President Trump’s recent tariff announcement raises import costs, beginning April 5th. A minimum 10% duty will be applied to all imports, affecting the supply chains of major players in the sector. Specifically, Thailand and Malaysia – key sources of Bitcoin mining hardware – face increased customs duties of 36% and 24%, respectively, commencing April 9th.