25% tariffs! Today's PBOC USD/CNY reference rate setting just got very interesting! - ConsultFX

25% tariffs! Today's PBOC USD/CNY reference rate setting just got very interesting!

The latest from the US administration is chatter of the 10% tariff on Chinese imports going to 25% ICYMI:  So, what do you reckon, POBOC to slash the CNY value today in response? Or will It take more than a day to respond?