China's fighting words on Trump's tariffs - world economic order has been severely damaged

China stats bureau deputy head:

• Protectionism is rapidly rising globally, world economic order has been severely damaged
• Resolutely opposes US tariffs which are against economic rules, WTO rules
• High US tariffs will bring about some pressures on China’s trade and economy
• US tariffs will not change the long-term improving trend in China’s economy
• China has ‘rich’ policy toolkit to support the economy
• China is able, has confidence in dealing with external challenges and achieving economic growth target
• China stats bureau deputy head: macro economic policies will become more proactive this year

Earlier:

• China Industrial Output March 2025 surges to +7.7% y/y (expected 5.8%, prior +5.9%)
• China Q1 GDP +1.2% q/q (expected +1.4%)
• Tesla's plans to ship Cybercab & Semi electric truck parts from China to US suspended
• Hong Kong suspends postal service for good bound for US - refuses to collect tariffs
• U.S. plans to use tariff negotiations to isolate China (Wall Street Journal piece)