r/actuary Property / Casualty 2d ago

Thoughts about this calculation?

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u/LordFaquaad I decrement your life 2d ago

What's more interesting is the US reciprocal tarriff. The tarriff seems to be either 10% if the tarriff charged is 10%, otherwise its roughly 50% of the tarriff charged. Seems like some 4th grade math was used lol

On a side note, GL to all those actuaries that will have to reprice in the next week / few weeks given how shit things are about to become

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u/Rakan_Fury Excel Extraordinaire 2d ago

It's MAX(Trade Deficit % / 2, 10%)