# Sasol says a 30-percent US tariff on its chemical exports could impact 1.4-billion-rand in sales. Chief financial officer, Walt Bruns, said mitigation strategies include passing costs to customers or redirecting products to Asia. In addition, CEO Simon Baloyi said most US sales are produced locally, limiting exposure. Despite the tariff, Sasol posted basic earnings of 10-rand-60 per share for the year ending 30 June, boosted by higher chemical prices, cost controls, and a 4.3-billion-rand Transnet payout.
Sasol confirms mitigation plans amid R1.4-billion hit from US tariffs