Chinese Bitcoin Mining Giant Fleeing to the US to Avoid Tariffs

Some of the largest Bitcoin mining companies in China, Bitmain, Canaan, and MicroBT, are shifting their production to the United States (AS). This move is to avoid Donald Trump's tariff policies.
Moreover, the production of these three companies has built more than 90% of the world's Bitcoin mining rigs. Therefore, they must explore to avoid import taxes of up to 30%.
It is known that Bitmain became a pioneer in the relocation of mining equipment production in December last year, followed by Canaan after Trump won the election. According to Canaan's senior executive Leo Wang, this step is to minimize the impact of unpredictable tariffs.
Next, MicroBT also implements the same strategy to avoid financial blows. Thus, the three companies have the same goal and maintain global sales, especially for customers in the US.