California has officially surpassed Japan to become the fourth-largest economy in the world, Governor Gavin Newsom announced. The milestone highlights the state’s economic strength, driven by its robust technology sector and diverse industries.
Newsom emphasized that California’s economic growth outpaces that of many other major global economies, underlining the state’s role as a leading force in innovation and commerce. Despite its continued economic expansion, the governor cautioned that upcoming political and trade decisions could pose a significant risk to the state’s prosperity.
In particular, Newsom pointed to the tariffs endorsed by former President Donald Trump, warning that such policies may jeopardize California’s financial health. With a tech sector heavily reliant on global trade and supply chains, industry leaders in Silicon Valley and beyond are closely monitoring federal trade developments.
The ranking, based on gross domestic product (GDP) calculations, showcases California’s ascendancy on the global economic stage, now trailing only the United States as a whole, China, and Germany. The state’s influence continues to grow through its leadership in technology, entertainment, agriculture, and renewable energy.
As policymakers prepare for changing economic landscapes, California’s position in the global economy remains a key barometer of U.S. innovation and financial resilience.
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