Donald Trump seems set to be the 47th President of the United States as election results progress. You can read the highlights of Donald Trump’s victory speech in Florida.What does it mean for India? Adrian Mowat, Investor in Hong Kong SAR, believes India might benefit from Trump’s return to the White House, primarily, because of the fresh tariffs on China that he has already promised. This may encourage more businesses to shift their manufacturing from China to India.However, Mowat warned that Trump may impose similar tariffs on US companies that have many IT employees in India.