Global Trade Slows Amid Energy Surge, AI

Global merchandise trade is expected to decelerate less sharply than previously anticipated, according to the World Trade Organization. However, sustained high energy prices due to geopolitical conflicts could lead to a more significant slowdown. The report highlights the complex interplay of global economic forces, with energy costs posing a considerable risk to trade volumes. While artificial intelligence is a factor, the immediate concern for trade deceleration appears to be the volatile energy market.