Tag Archives: AIRelated

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

WTO says AI-related buying binge and a 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 due to 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 its economists are increasing their prediction of growth in merchandise trade to …

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