The proposed deeming regulation (for which the comment period expired on August 8th) contains no "immediate restrictions". It contains a two year grace period on just about everything, after which product approvals would be needed (but it's not clear exactly what products would require them). All it really does is give the FDA the power to propose specific new regulations covering the deemed products (which currently aren't under its jurisdiction at all!) but such new regulations would again have to go through the regulatory process -- that's the only way to "enact" regulations.
Where are you getting the 2 Year Grace Period from?
Do you have a Link?
BTW - When you say "just about everything", what is Not Included in the "just about"?