US Raises Import Tariffs on Mining Equipment as Mining Companies Shift to Overseas Expansion
According to ChainCatcher, citing The Block, the U.S. government has imposed a 19% import tariff on Bitcoin mining machines produced in Southeast Asia, bringing the total tax rate for mining machines from Indonesia, Malaysia, and Thailand to 21.6%. The current tax rate for mining machines from China stands at 57.6%, but China and the U.S. have in principle agreed to extend the tariff suspension period by 90 days.
Mining company Luxor Technology stated that high tariffs will suppress growth in the U.S. market and prompt mining companies to shift to regions with lower tax rates, such as Canada. Mining machine manufacturers are expanding domestic production capacity, with companies like MicroBT already establishing production lines in the U.S.
Data shows that the U.S. import tariff rate on mining machines has risen sharply from 2.6% before Trump took office, making it one of the regions with the highest mining machine import costs globally.
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