[mitthrowaway2]

Is your reasoning that the supplier has the option of eating the tariff by cutting prices, such that the price paid by the purchaser remains the same?

If they had that much margin headroom available to cut prices by 20% and remain profitable, wouldn't that basically prove that they weren't dumping product in the first place?

[throwaway48476]

What I stated is the textbook definition.

For suppliers with fixed costs there are strong incentives to lower prices to stimulate demand sufficient to maintain utilization where possible. The commodity NAND market is an example of this. The fabs are extremely sensitive to utilization which leads to wild profit and loss swings.