Amid intensifying global trade tensions and mounting U.S. sanctions, the economic landscape is taking on a new dimension. Patrick Martin, the head of French business group MEDef, has voiced serious concerns regarding the U.S. tariffs imposed by the Trump administration and their potential impact on economic growth. According to Martin, these measures might not only slow down economic activity but could also trigger a recession.

Just a few months ago, India captivated the attention of global fund managers, as its stock market seemed poised to overshadow China in emerging market indices. However, the situation is rapidly changing amid economic cooling and the withdrawal of foreign capital.