Yep. We ship in little bits and bobs from China constantly to keep our enormous manufacturing center running here in the USA. This is going to be horrible for us.
There are a few channels on YouTube where someone's tasked with fixing a laptop or some small electronic thing. They pull it open, find some tiny little circuit that won't go, dissolve the solder, and put a new tiny little circuit in to save a perfectly good device from the landfill.
I hope they can still afford their tiny little circuits and tiny little solder dissolving things with more expensive shipping.