The current stupid economic war and largest tax hike in history started by President Trump has already caused an impact in the geek space. Fresh Monkey Fiction‘s Longbox Heroes which recently launched a Kickstarter for a new wave of figures of popular indie comic characters has canceled the campaign over the recent tariffs being enacted.
The project had raised $50,166 from 481 backers. They had previously launched 10 projects of which 7 were successful and raised over $301,000.
The tariffs would have driven up consumer costs to insane levels as you can read in the announcement below. Expect much more fallout for all of the undelivered projects that are out there.
Longbox Heroes Fans
We wanted to share an update about our latest Longbox Heroes Kickstarter.
As many of you may be aware, recent policy changes have significantly increased tariffs on goods imported from China. These new policies impose a tariff of 50% on our manufacturing costs. Unfortunately, this cost is not absorbed by China—it directly impacts us as manufacturers and, ultimately, you as fans.
This means a single figure would now cost roughly $40 for kickstarter backers once all tariff and shipping & handling fees are factored in.
We don’t believe this is a fair price for the type of figure we are producing, and we know many of you would share our concerns. Given these circumstances, we have made the incredibly tough decision to cancel the Kickstarter campaign.
We had high hopes for this line and have invested a great deal of time and effort into securing the necessary licenses and fine-tuning these figures. However, with so much financial uncertainty, we do not feel comfortable moving into production under these conditions.
No one is more disappointed by this outcome than we are, but we remain committed to finding a way to bring these figures to life at some point in the future. We deeply appreciate your enthusiasm, support, and understanding throughout this process.
Thank you for believing in this project as much as we do.
Best,
Bill & Jason
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Source: Graphic Policy