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. due to tariff fears, and robust trade activity in the developing world.

The Geneva-based trade body announced Tuesday that its economists are increasing their prediction of trade growth for the year.

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

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