The January-March expansion in gross domestic product — the nation’s output of goods and services — was down from 2.4% in the last three months of 2024.

China’s economy showed its first big signs of damage from the trade war, as steep U.S. tariffs pummeled export orders and production at the country’s factories. A gauge of new export orders fell in April to its lowest reading since Covid-19 was ravaging the country in 2022,