Blue state becomes world's 4th largest economy but Trump's tariffs will hit it hard
A single US state has overtaken Japan to become the world's fourth largest economy. California made a staggering $4.1 trillion in GDP last year, according to data from the US Bureau of Economic Analysis. The figure pushed it past Japan's $4.02 trillion in the same period, the International Monetary Fund reported. California's GDP growth also outpaced the three largest economies — the US, China and Germany — with an increase of six percent in 2024.
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