Mining companies reduce the cost of detouring US Duties

• US mining companies lower the cost of equipment to avoid duties, but customs control has intensified after the 2024 elections.
• US tariff policy forces Miner to overestimate expenses, some of the companies are considering transferring activities to other jurisdictions.

Minging companies in the United States systematically reduce the cost of imported equipment to reduce customs duties, COINDESK reports, citing sources.

This issue was especially intensified after Donald Trump’s administration has announced raising tariffs for goods from Southeast Asia, from where most ASIC machines are being supplied. Currently, US customs officers have become more close to check the cost of cargo, which forces some of the miners to view the procurement plans.

Jill Ford, the founder of Bitford Digital, noted that earlier to declare the reduced cost of equipment was a common practice.

“A device that costs $ 3,000 could pass the customs as $ 300. Now it doesn’t work. ”

According to her, the control intensified after Trump’s victory in November 2024.

“To get to Trump’s Customer” – Mainters have overpayed millions for the import of equipment

Regional differences also matter. For example, cargoes in Oregon are easier than in Kentucky, where 100 cars have recently been detained at customs. Customers had to return the equipment back to Hong Kong.

Legally, the importer, which can be a supplier, broker or end -buyer, is responsible for the accuracy of value. Violation can lead to fines or even criminal liability, although it rarely happens.

Tariff uncertainty and strengthening control already affect the industry. Some of the clients have suspended imports, others consider alternatives, including Canada, which can win from the new US customs rules.

Recall that in March public mining companies increased sales of bitcoins.

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