They do silently truncate account passwords greater than 32 characters, but what's (arguably?) worse is they only do it in some places and not others.
I use 1Password and sometimes when it pastes in it works, sometimes the UI complains the password is longer than 32 characters.
I sent them a screen shot on Twitter [0] figuring their US support people would see it, but they didn't seem to care that much (got some generic response).
We just shouldn't be using them: https://zalberico.com/essay/2020/06/13/zoom-in-china.html
[0]: https://twitter.com/zachalberico/status/1257910514966908933