Trump Says 100% Tax on Imported Chips — Crypto Mining Stocks Fall 

President Donald Trump has said there will now be a 100% tax on chips and semiconductors that are brought into the U.S. Only companies that make them inside the U.S. won’t have to pay.

🗣️ "If you're not building here, you're paying more," Trump said in the White House.

💥 This move is already hurting the crypto mining business, which uses special machines mostly made in China, Malaysia, Indonesia, and Thailand.

📉 Mining Company Stocks Drop:

MARA: $15.87 (▼ 0.13%)

RIOT: $11.58 (▼ 0.69%)

BTDR: $12.89 (▼ 0.62%)

CLSK: $10.98 (▼ 0.18%)

HIVE: $2.10 (▼ 0.94%)

HUT: $20.65 (▼ 0.19%)

🪙 Total Crypto Market Value: $3.76 Trillion

Will this lead to a bigger fight between the U.S. and Asian tech makers? What will happen to the supply of mining machines?

👇 Tell us what you think in the comments!

#CryptoNews #TrumpTax #BitcoinMining #Chips #MiningStocks