China warns US tariffs putting ‘pressure’ on economy

News Snapshot:

A top Chinese economic official said that US tariffs were putting "pressure" on the country's economy and trade, even as the Asian nation unveiled forecast-beating first quarter growth. "At the moment, the imposition of high tariffs by the US will put certain pressures on our country's foreign trade and economy," Sheng Laiyun, deputy commissioner of the National Bureau of Statistics, told a press conference. China said its economy grew a forecast-beating 5.4% in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs. It comes as China and the US are...