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 following an unexpectedly strong first half.
This surge is attributed to several factors, including rising AI-related purchases, front-loaded imports in the U.S. driven by tariff fears, and robust trade activity in developing countries.
The Geneva-based trade body announced Tuesday that its economists are increasing their prediction for global trade growth, reflecting these positive trends.