> > 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.