Also: This Wi-Fi 7 router solved my big internet headache - and it's accessibly priced

Since the ban doesn't include any existing devices, there will be no impact on your current setup in the short term. When you might see a difference, though, is when you decide to upgrade, or your current setup gives out.

The most immediate impact could be in pricing. There shouldn't be a shortage of supply, since existing models will still be sold, but it may be difficult for some smaller manufacturers to sell in the US. And with less competition on the market, there's little incentive for the big names to keep prices low.

There's a solid chance you'll see fewer budget options available as smaller companies struggle to get traction, and cheaper options that are available will probably cost more.