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Federal Reserve Bank of Minneapolis: 'Trade in AI-Related Products'
April 21, 2026
MINNEAPOLIS, Minnesota, April 21 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research report (No. 684) in April 2026 by Michael Waugh entitled "Trade in AI-Related Products."

Here are excerpts:

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This paper documents facts about international trade in AI-related products. I develop a large language model (LLM) classification tool that maps HS10 codes in U.S. trade data to products used in the construction . . .

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