Sasol might take R1.6bn hit from Trump’s tariffs
Petrochemical major weighs options before possible reciprocal tariffs hurdle
20 May 2025 - 19:22
Petrochemical major Sasol says it might take a $90m (R1.6bn) hit in its Southern Africa chemicals business should US President Donald Trump follow through on his reciprocal tariffs announced on “liberation day”, which rattled global markets.
The US government announced changes to its import tariffs on April 3 followed by a suspension of the tariffs for most countries for 90 days, announced on April 9...
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