📉 Bitmain, Canaan and Ebang IPO plans snared by Trump’s tariffs on Chinese cryptocurrency mining gear
Chinese crypto mining hardware producers Bitmain, Canaan, and Ebang are bracing for harder times as the China-US trade war shifts into high gear, with shipments to one of its overseas markets facing new tariffs since August 23. These companies now face additional tariffs on their US shipments, up to 27.6 percent from zero percent previously.
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