La-Z-Boy Recliner Prices to Rise Again Unless Trade War Resolved
La-Z-Boy recliners at a store in La Mesa, California.
Photographer: Jerod Harris/WireImage via Getty Images
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Now may be a good time to buy that power recliner.
La-Z-Boy Inc., maker of the eponymous chair, has already passed on costs from last year’s tariffs to the tune of 2 percent price hikes on regular recliners and 3 percent on power models. If the U.S. and China can’t resolve their trade differences and levies on some goods from the Asian country climb to 25 percent next month, prices would rise 6 percent to 7 percent, the company says.