Dice and the Trade Wars
Dice Envy is a US based dice company. Much like nearly all of your favorite dice companies we have our goods made in China. President Trump is fighting a trade war with China presently and both governments are imposing tariffs on the goods of the other. This June the tariffs will begin to include gaming components such as dice.
We've heard a lot about how much this will impact the cost of our goods. It may be anywhere between 4% to 25% increase. A lot of people in the dice community are asking what will happen to the cost of dice? So we wanted to address to you how Dice Envy will respond.
We have no plans on increasing our prices. We are going to simply eat the increased cost of any metal dice we sell. This will keep our prices competitive. The industry standard for metal dice is usually between $20 and $40. We will continue to offer our metal dice at around $30. More complex styles such as our new Trifecta line are already priced around $40 but that is simply because they cost a lot more to produce.
For our resin and acrylic dice, in most cases we will continue to offer many of our dice at no change of cost to you. We will simply take on the decreased profit margin. However, some dice sets will increase in price by $1. This will be on a case by case basis and is expected to impact no more than 1 in 10 dice sets.
Our mission stays the same, to get you dice that you love with as little hassle as possible. We are grateful for your support and hope that as this trade war continues you will buy lots of dice from us! :)
Dice Envy, Owner
Chris Quinn said:
Wow! This is why you are my go to for dice. Thanks for supporting us so well!