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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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Budget 2025 Wishlist: Green Bonds and Tax Rebates Key to Telco Renewable Energy Transition, Says Edotco CEO

Edotco Group Sdn Bhd CEO Mohamed Adlan Ahmad Tajudin has called for green bonds, tax breaks, and rebates in Budget 2025 to encourage telecommunication companies (telcos) to transition to renewable energy (RE). He stated that such incentives could help offset the high upfront costs associated with adopting clean energy sources like solar and wind.

Mohamed Adlan also suggested the introduction of cash-back programmes for environmental, social, and governance (ESG) initiatives, similar to those for electric vehicles, which could attract telcos to integrate sustainability practices.

He further highlighted the potential for green bonds and competitive financing options for RE projects, coupled with ESG reporting standards, to provide financial support and encourage companies to take more decisive actions on sustainability.

However, he noted that challenges such as rising energy costs and the geographically dispersed nature of telco networks make implementing energy-efficient solutions difficult. Additionally, the limited availability of sustainable green energy poses an obstacle for telcos looking to transition to RE.

Edotco, which operates 2,604 telecommunication towers across Asia, has already made strides in its RE transformation, with 159 towers in Malaysia and others in Pakistan, Myanmar, and Bangladesh now running on renewable energy.

The 2025 Budget, to be tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, is expected to address Malaysia’s sustainability goals and foster further RE adoption across various industries.

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