The Federal Reserve meeting notes that the cost of tariffs is mainly borne by the domestic, and the pressure of enterprises to transfer and coping strategies coexist

On August 21st, the Federal Reserve released the July meeting notes, which mentioned that, as for the magnitude of the tariff impact on prices, several participants observed that the evidence to date shows that foreign exporters have borne at most only a small part of the new tariffs, < b > which means that domestic businesses and consumers are the main bearers of tariff costs . Some participants expected, based on information provided by business contacts or business surveys, that over time, many companies will have to increasingly pass on tariff costs to end point customers. However, several attendees said that business contacts and survey respondents said they were employing a variety of strategies to avoid passing tariff costs entirely on to customers, including negotiating with or changing suppliers, changing production processes, lowering profit margins, strengthening wage controls, or leveraging cost-saving efficiency measures such as automation and new technologies.