【Federal Reserve Meeting Minutes: Tariff Costs Mainly Borne Domestically, Companies Face Pressure to Pass Costs and Adopt Coping Strategies】Golden Finance reports that the Federal Reserve has released the minutes from the July meeting, which mentioned that regarding the extent of the price impact of tariffs, several participants observed that the evidence so far indicates that foreign exporters have borne only a small portion of the new tariffs, meaning that domestic companies and consumers are the primary bearers of the tariff costs. Some participants, based on information from business contacts or commercial surveys, expect that over time, many companies will increasingly have to pass the tariff costs on to end customers. However, several participants also stated that business contacts and survey respondents indicated they are adopting various strategies to avoid fully passing the tariff costs onto customers. These strategies include negotiating with suppliers or changing suppliers, altering production processes, reducing profit margins, tightening wage controls, or utilizing automation and new technologies to improve cost-saving efficiencies.