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.

If California were its own country, its economy would now rank as the fourth largest of any nation in the globe, Gov. Gavin Newsom said this week.

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