California has surpassed Japan to become the world’s fourth-largest economy, Gov. Gavin Newsom said, as he warned of the threat posed by President Donald Trump’s tariffs to the tech powerhouse’s fast-growing wealth.

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.