Thanks for the info on European exports to the US.
Still, my question is; will a slowdown, or a complete halt to the shipment of any of those items adversely affect the US?
I would think that many of the items you mentioned are shipped via ocean freight, so they wouldn’t be a factor in the volcano fallout.
To what extent the volcano is impacting ocean freight is unclear. Many ocean liners use GPS and I have not seen any news articles stating that satellite communications have been impacted by the volcano.
Initially, I would not think that the US would have too much of a problem because of Europe's "hiccup". Many things I mentioned are capital investment items, and quite frankly, American corporations are only judiciously investing in capital upgrades at this point in time. There will be some impact, but it will be minor, and will quickly rebound back to what the trade level would have been. This is not "chronic", but rather is a blip on the radar screen.
I'll focus my answer on one item that personally affects me. If this goes on for awhile, The impact on those European airlines and the aircraft orders from Boeing and Airbus that could be delayed or canceled could make the 9/11 downturn look like a slow news-day. And it won't stop with the airline industry - it could be economic chaos globally. Obama should of never tempted God with that “where is Armageddon” line.