I received notices from my PCB fab (who will also stuff your boards for you if desired) almost two months ago that prices would be rising for components (ie parts). This despite the fact that they are based in Toronto, because distribution for many manufacturers is US-based, so it's import from the PRC - pay tariffs - export to the rest of the world in many cases.
That will affect suppliers like Digi-Key and Mouser, who will have to raise prices worldwide as they warehouse in the US and export from there for foreign buyers. European and Astralia-Asian component suppliers now have an advantage as they warehouse domestically.
If the $200B tariffs go into effect that will cover complete assembled audio products.
If the tariffs endure that will cause more electronics firms to construct and distribute from warehouses outside the US. Steel & Aluminum tariffs have already caused prices for US-made steel and aluminum to rise to equal the imported+tariff prices, so domestic audio manufacturers in the US are already seeing rising Bill of Materials (BoMs). Enclosures are a significant % of overall audio component cost, and dis-proportionately causes lower cost items to experience a greater rise in price.
Having said all that, there has never been a time in my adult life, and never a time in my father's adult life, or his father's, where the US had not imposed tariffs on something Canada exports, so this is just a footnote in a never-ending story.