> I imagine that American stuff will be quickly replaced with European made stuff.

I am in the process of (very slowly) decluttering my life. One weird observation that I had, is that I have very few hardware from the USA, even when I think liberally about "from" as designed and not just manufactured. I found a (crappy) HP printer, (wonderful) Apple hardware and two Zippos. There may be more, but it's not obvious labelled.

Software and some online services on the other hand are different.

From this European perspective the USA is very much a service export and not a stuff export economy.