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AI Set to Boost Global Trade by 40% by 2040

9/21/2025

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Summary

Story summary

A WTO report forecasts a nearly 40% increase in global trade by 2040 due to AI, contingent on effective policies.
In 2023, global trade in AI-enabling goods reached $2.3 trillion, with low-income countries facing significant access barriers.
The report calls for closing the digital divide and enhancing workforce skills for equitable AI benefits.
Recent WTO discussions highlighted AI's role in addressing supply chain issues amid rising tariffs.
The WTO has identified 80 trade concerns regarding AI, urging broader participation in trade agreements.

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Story summary

A WTO report forecasts a nearly 40% increase in global trade by 2040 due to AI, contingent on effective policies.
In 2023, global trade in AI-enabling goods reached $2.3 trillion, with low-income countries facing significant access barriers.
The report calls for closing the digital divide and enhancing workforce skills for equitable AI benefits.
Recent WTO discussions highlighted AI's role in addressing supply chain issues amid rising tariffs.
The WTO has identified 80 trade concerns regarding AI, urging broader participation in trade agreements.