This is not an onshoring story. Vehicles and automobiles – $306.7 billion. Global supply chain issues have GREATLY reduced imports (availability of vehicles, w

This is not an onshoring story. Vehicles and automobiles – $306.7 billion. Global supply chain issues have GREATLY reduced imports (availability of vehicles, while increasing prices). Machinery (including computers and hardware) – $386.4 billion. Chip shortage has greatly reduced both that category and categories the depend on chips (autos aside as previously mentioned). Aerospace – $139.1 billion. Airlines continue to struggle, now due to staffing challenges that find them cutting flights. FAA oversight has stalled Boeing production on 777X and possibly other models, cutting imports necessary to build these aircraft. Gems and precious metals – $60.8 billion. Massive asset price increase and expectations that cannot continue has greatly reduced speculative demand.