The World Trade Organization said on October 8 that global trade in goods is expected to grow by 3.9% this year, almost double the growth rate predicted in March, because spending on expensive chips and other equipment to produce artificial intelligence has boosted cross-border trade. Rapid trade growth in artificial intelligence products is enough to offset the drag on trade caused by the Middle East war and the Trump administration's imposition of tariffs.

The World Trade Organization said on October 8 that global trade in goods is expected to grow by 3.9% this year, almost double the growth rate predicted in March, because spending on expensive chips and other equipment to produce artificial intelligence has boosted cross-border trade. Rapid trade growth in artificial intelligence products is enough to offset the drag on trade caused by the Middle East war and the Trump administration's imposition of tariffs.