We're experiencing the same thing. I've been told that the Google Ads API 
team is currently investigating the issue. 

On Thursday, April 22, 2021 at 10:00:22 AM UTC+1 [email protected] wrote:

> Hello,
>
> We are seeing very high API latency since 3:45AM ET and 504 error 
> responses.  Since the calls are timing out, I don't have request IDs, just 
> DEADLINE_EXCEEDED errors.  Is there an issue with the Google Ads API right 
> now?
>

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