Tariff Policies Reshape Cryptocurrency Supply Chain

According to Foresight News, U.S. President Donald Trump's tariff policies are influencing the global cryptocurrency supply chain. Three major Bitcoin mining equipment manufacturers from China—Bitmain, Canaan Creative, and MicroBT—are establishing manufacturing bases in the United States. This strategic move aims to shield them from the impact of tariffs. Bitmain began producing mining machines in the U.S. in December of last year. Meanwhile, Canaan Creative is currently conducting pilot production, and MicroBT is actively advancing its localization strategy in the U.S. These efforts reflect a broader trend among Chinese companies to mitigate the effects of trade tensions by expanding their operations in the United States.