The United States has extended the suspension of tariffs on China for 90 days! The tariff on Mining Rigs remains at 10% to give Miners a breather.

On August 11, U.S. President Donald Trump signed an executive order extending the suspension period for tariffs on China by 90 days, allowing space for continued negotiations between the U.S. and China. For the crypto assets industry, the key point is that the import tariffs on Mining Rigs will temporarily remain at a 10% Benchmark level, avoiding a short-term surge in costs and providing valuable buffer time for Miners and Mining companies.

Extend the tariff suspension period, Mining Rig costs stable in the short term

According to the original plan, the suspension order will expire at 12:01 a.m. Eastern Time on Tuesday, at which point the tariffs on Chinese imports to the United States will be significantly increased to 145%, and the tariffs on American goods by China will also rise to 125%.

However, after the extension, the United States still maintains a 10% benchmark tax rate on Chinese Mining Rigs and imposes an additional 20% surcharge on the Chinese market, bringing the total effective tax rate to 57.6%, but the formal implementation of the high tax rate has been delayed by at least three months.

In addition, fentanyl-related products will incur a 20% tariff during the suspension period, bringing the total tax rate to 30%.

Direct Impact of Crypto Mining

For crypto miners, the delay in the tariff increase means that procurement costs will not soar in the short term, especially against the backdrop of sustained high demand for high-performance ASIC Mining Rigs.

Original plan impact: If tariffs are raised immediately, the procurement cost of Mining Rigs will increase significantly, squeezing the mining profit margins of Bitcoin and other Crypto Assets.

Delay Effect: Miners can utilize this 90-day window to complete equipment upgrades and expansion plans, reducing policy impacts.

Industry insiders generally believe that this policy provides a "short-term breather" for Mining, but long-term risks still exist.

Background of China-US Trade and Policy Signals

Wendy Cutler, Vice President of the Asia Society Policy Institute and former senior U.S. trade official, stated that the postponement is a "constructive development" that helps lay the groundwork for the upcoming China-U.S. summit.

It is worth noting that another executive order signed by Trump on July 31 has imposed a 19% reciprocal tariff on the import of Mining Rigs from Indonesia, Malaysia, and Thailand. Combined with the existing tax rate, the total tax rate reaches 21.6%. This means that the United States is gradually adjusting the tax structure of the global Mining Rig supply chain.

Bitcoin market reaction is flat

Despite the favorable policies for Mining, the reaction of Bitcoin prices has been mild. As of the time of writing, BTC is reported at $11,850, slightly down from the previous day, after briefly breaking through $12,000.

Market analysts believe that while the delay can stabilize mining sentiment in the short term, its impact on the overall crypto market is limited. The real price catalysts still depend on macroeconomic data, regulatory policies, and changes in the fundamentals of the Bitcoin network.

90 days of uncertainty

Analysts warn that if the tariff increase occurs as scheduled in 90 days, the import costs of Mining Rigs will increase significantly, potentially triggering:

1. Mining investment slows down

2. Small and medium-sized mining farms exit the market

3. Global computing power distribution reshuffled

Therefore, although the current policy has bought time for miners, the industry still needs to prepare for potential cost impacts.

Conclusion

The United States has extended the suspension period for tariffs on China by 90 days, which serves as a short-term booster for the crypto mining industry, preventing an immediate surge in mining rig costs. However, the uncertainty in Sino-U.S. trade relations still looms over the market, and the policy direction after 90 days will directly affect the profitability of mining and the global hash rate landscape. For more real-time policy updates and crypto market analysis, please follow the official Gate platform.