

Technically speaking, Tariffs only exist on imports. Export taxes are an entirely separate category of tax. You are correct though, the logical thing for China to do is to run at a state-subsidized loss with CXMT until everyone else has left the market before raising prices. You know, basically pulling a Walmart with state help.

Translation: “We’ve had our fill of screwing you around for today and invite you to cordially go screw yourself.”
When it comes to HP, just say no.