> > By 2040 or so it might be more advantageous for Asian producers to just avoid our bureaucratized space altogether.

> in favour of what? Every other large market (China, India, USA) has extreme protectionism in place.

The EU has higher tariffs than the US overall, especially for agriculture and cars. Policy is structured and uniform.

The IS has lower tariffs than the EU overall, but often used as political/economic weapon on specific countries and sectors.

The current administration's tactics notwithstanding.

At least in case of India, it is in their interest to lower their trade barriers against Thailand, Viet Nam, Philippines, Indonesia etc.

This region with 500 million people in it will oscillate between Chinese and Indian influence. The Chinese are more powerful and richer, so the only way in which India can compete for influence is being more friendly.