California is now the world's fourth largest economy, surpassing Japan, with a GDP of $4.1 trillion. Governor Newsom attributes this to investments in people and innovation but warns that Trump's tariff measures could harm growth.

According to preliminary data from the U.S. Bureau of Economic Analysis, California's economy is now the fourth largest in the world, surpassing Japan.

California has surpassed Japan to become the fourth-largest economy in the world, with a nominal GDP of $4.1 trillion, according to data from the International Monetary Fund and the U.S. Bureau of