" Or will you just increase your prices?"

Since MOST of my products are made in the USA anything done will not have a major effect EXCEPT that my products might face a lot less price competition from offshore 'stuff.'

Sellers that are affected either will raise prices or they will have less margin (or lose money!) There will be a number of sellers that simply don't do the math and do nothing. Estimates are that up to 1/3 of all sellers here actually lose money already. That number may increase dramatically.

What will happen in general is that it will cost CONSUMERS more to shop for imports. With any luck at all manufacturers will continue to 'reshore' and produce more here.