WTO says AI-related buying binge, spike in US imports spur unexpected rise in goods trade

GENEVA (AP) — The World Trade Organization is sharply raising its forecast for trade growth in goods this year after an unexpectedly strong first half. This growth has been driven by rising AI-related purchases, front-loaded imports in the U.S. over tariff fears, and robust developing-world trade.

The Geneva-based trade body said Tuesday that its economists are increasing their prediction of global trade expansion, reflecting these positive developments.

https://business.inquirer.net/551475/wto-says-ai-related-buying-binge-spike-in-us-imports-spur-unexpected-rise-in-goods-trade