Agreed and its not just "prices will be higher". You can pretty reasonably expect goods shortages as the entire global economy tries to re-adjust supply chains to more tariff friendly domiciles.

Of course everyone will be doing so at the same time, competing for the same finite factor capacity.

For example - If your Nike right now for example, you might be winding down Vietnam production volume and trying to spin up more volume in existing country footprints, while also trying to find new factories there as well. And then those suppliers will be looking for new suppliers for shoestrings and metal eyelets and 100 other things. And those suppliers will be searching for new suppliers of cotton, polyester, steel, cardboard, etc.

There is zero chance this happens without cost AND disruption! So things can get worse before they get worse!