Marketplace This GOP bill will affect borrowing costs for everyone
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May 29, 2025 
Gretchen Blau, a customs broker at Logistics Plus, offers a fascinating look at the implications of a new GOP spending bill on national debt and borrowing costs. She explains how this bill could lead to higher yields demanded by bond investors, impacting both businesses and mortgage rates. The discussion also touches on changing tariff policies and their unpredictable effects on the economy, shedding light on how fluctuating trade rules affect farmers during critical planting seasons.
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Tariff Chaos Erodes Economic Certainty
- Uncertain tariff policy complicates economic forecasting and business decisions.
- Court rulings delay certainty, increasing challenges for consumers and companies.
Prepare for Tariff Uncertainty
- Businesses must wait for official guidance on tariff refunds and procedures.
- Uncertainty causes confusion; staying informed is crucial amid changing policies.
GOP Bill Raises Debt and Rates
- The GOP spending bill will add $3.8 trillion to the national debt over 10 years.
- This increased government borrowing can raise borrowing costs for businesses and consumers.