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The Economic Times

WTO upgrades goods trade forecast as AI boom offsets Middle East disruption

WTO United States

GENEVA: The World Trade Organization upgraded its forecast for global merchandise trade growth on Thursday, saying demand for AI-related products had helped offset the impact of disruptions caused by the US-Israeli war with Iran.

World merchandise trade volume growth was stronger than expected and is now projected to reach 3.9% in 2026, up from 1.9% in the WTO's baseline forecast issued in March.

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One subscription that gives you access to news from hundreds of sites

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