#TOKEN OF LOVE IS BACK #BTC Market Cap Tops Amazon US Extends China Tariff Suspension for 90 Days: Mining Hardware Exempt.
The US has extended its tariff suspension on Chinese mining hardware imports for 90 days.
Cost increases have been postponed.
Mining hardware tariffs will remain at a base of 10%. Fentanyl-related products will be subject to a 20% tariff for 90 days.
The tariff extension offers short-term relief to cryptocurrency miners. However, trade uncertainties with China are causing concern.
On Tuesday, Donald Trump signed an executive order extending the suspension of tariffs on