The German government scaled back its prediction for 2025 to zero economic growth, citing the turbulence caused by U.S. tariffs, as well as stubborn bureaucracy and high energy prices.

One expert warned the German economy is "preparing for turbulence" as it grapples with the uncertainty of Donald Trump's trade war.

California is the fourth-largest economy in the world, Governor Gavin Newsom said on Wednesday.

California’s economy continued to grow at a fast clip of 6% in 2024, according to data and Newsom’s office. The top three economies in the world all grew at slower rates: 5.3% in the entire U.S., 2.6% in China and 2.9% in Germany.