logo
Cooler Recall Expanded to 1.28 Million Units Over Risk of Fingertip Injuries

Cooler Recall Expanded to 1.28 Million Units Over Risk of Fingertip Injuries

Epoch Times12-05-2025
Texas-based Igloo Products Corp. is expanding its recall of rolling coolers, withdrawing 130,000 more from the market as they pose safety risks to users, the Consumer Product Safety Commission (CPSC) said in a May 8
On Feb. 13, more than a million Igloo rolling coolers were
The recall of Igloo 90 Qt. Flip & Tow Rolling Coolers cited the tow handle pinching 'consumers' fingertips against the cooler, posing fingertip amputation and crushing hazards.'
'Since the recall was announced in February 2025, Igloo has received 78 reports of fingertip injuries, including 26 resulting in fingertip amputations, bone fractures, or lacerations,' CPSC said in the May 8 recall notice.
The items were sold on the company website as well as other sites such as Amazon and through stores nationwide such as Costco, Target, Academy, Dick's, and others.
Made in the United States, the rolling coolers were sold for $80–$140 between January 2019 and January 2025.
Related Stories
5/9/2025
5/8/2025
'The date of manufacture is imprinted on the bottom of the cooler in a circular pattern,' said the notice. 'Consumers should immediately stop using the recalled coolers and contact Igloo for a free replacement handle.'
The Epoch Times has reached out to Igloo Products for comment.
Another recall of coolers was initiated last year when Hong Kong-based Anker Innovations Limited
The withdrawal, done in March, was made as lithium batteries in the China-manufactured item were deemed to pose a risk of overheating. At the time, the company had received five reports of overheating, smoke, and fire.
Chinese Product Risks
The Trump administration recently enacted a policy that would boost protections against faulty products.
On May 2, the United States ended a 'de minimis'
The exemption allowed goods valued at $800 or lower to enter the United States without being subjected to taxes and duties. China used the loophole to flood the American market with cheap products.
In a Feb. 4
The agency, 'which is charged with protecting American families from unreasonable risk of injury from consumer products, has long been concerned about the enforcement challenges when Chinese firms, with little or no U.S. presence, distribute consumer products under the de minimis provision,' he said.
The provision allowed Chinese companies to avoid tariffs and circumvent paperwork filings and safety assurances, Feldman added.
'Thanks to President Trump's leadership, Chinese shippers who import dangerous consumer products in violation of U.S. laws will no longer be able to hide behind the de minimis provision and put American families at risk,' he said.
A March 25
There were 869 injuries in 2024 linked to product recalls, which is more than double what was reported five years back, it said. In 2023, injury reports totaled 549.
In addition, CPSC issued 63 product warnings last year, up from 38 in the previous year and just three in 2020.
Feldman attributed the big jump in product warnings to items being shipped from China.
'The United States is facing a flood of Chinese consumer products that violate U.S. safety laws,' he said. 'When CPSC identifies illegal Chinese goods, the manufacturer is, more often than not, unreachable, unfindable, or uncooperative.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Questex's IHIF Asia Announces Keynotes from DBS and Booking.com
Questex's IHIF Asia Announces Keynotes from DBS and Booking.com

Yahoo

time24 minutes ago

  • Yahoo

Questex's IHIF Asia Announces Keynotes from DBS and Booking.com

HONG KONG, July 28, 2025 /PRNewswire/ -- Questex's second annual International Hospitality Investment Forum (IHIF) Asia announces Mo Ji, Managing Director, Chief China/HK Economist, Group Research, DBS and Anthony Lu, Regional Director North & South APAC, will present keynote addresses. IHIF Asia takes place at the Regent Hong Kong 17-19 September 2025. Dr. Ji will present "Global Economic Outlook and Geopolitical Shifts: Navigating Market Disruptions and Inbound Capital Flows" and will explore the influence of geopolitical shifts, inbound capital flows and how countries like Vietnam, Cambodia and Thailand are benefiting from changing trade dynamics and U.S. policy impacts across the Asia Pacific region. Lu will present "Destination Asia: Forecasting Consumer Trends and Tourism Flows Across the Asia Pacific Region" and will provide an in-depth look at the projected volume and value of domestic, intraregional, and inbound travel flows in Asia Pacific. Key sessions focused on investment opportunities include: CBRE Capital Talks: New Cycle, Next Generation: Seizing opportunities in Asia's real estate shift and capital diversification Maximizing Returns: Evaluating Third-Party Operators and Owner-Brand Partnerships Hospitality Disrupted: CEO Perspectives on Growth, Innovation & Sustainability View the agenda here. "We are very pleased to welcome Dr. Ji and Anthony Lu to our program. They will deliver our audience with insights and strategies they need to make informed investment deals to navigate the opportunities in one of the world's most compelling hospitality markets," said IB Saravanan, Vice President, Questex Asia. IHIF Asia unites top players in the hospitality investment community, including HNWIs, family offices, sovereign wealth funds, private equity groups, global hotel brands, forward-thinking operators and leading developers. Register to attend IHIF Asia here. For media registration, contact Meryl Franzman at mfranzman@ For sponsorship opportunities, contact Andrew Walmsley at awalmsley@ Stay connected on LinkedIn, Facebook, X and Instagram. About Questex Questex helps people live better and longer. The company brings people together in the markets that help people live better—hospitality, operational real estate and wellness—and the industries that help people live longer—life sciences and healthcare—along with the technologies that enable and fuel these new experiences. In the experience economy, Questex connects its ecosystem through live events, enriched with data insights and digital communities, to deliver exceptional experiences and measurable results. It happens here. ### Media ContactMeryl FranzmanIHIF Asiamfranzman@ View original content to download multimedia: SOURCE Questex Asia Sign in to access your portfolio

CNBC Daily Open: A week when everything happens
CNBC Daily Open: A week when everything happens

CNBC

time26 minutes ago

  • CNBC

CNBC Daily Open: A week when everything happens

Choose a comfortable seat and grab your popcorn. These five days will basically be the Olympics for market watchers: And looming over all those financial and macroeconomic events is U.S. President Donald Trump's August 1 deadline for his new tariffs. As Kim Forrest, founder at Bokeh Capital, said, "What isn't happening in this week?" Here's the ideal scenario for investors. The Magnificent Seven companies reporting earnings this week and the U.S. economy secure gold at their respective events. (The Fed is expected to keep rates unchanged — whether this qualifies the central bank for a medal is up for debate). Big trading partners of the U.S., such as South Korea and India, secure a deal with the White House and join the European Union and Japan at the podium, while Beijing extends its tariff suspension with Washington. If those events happen, U.S. stocks will probably have legs clear hurdle after hurdle — and the S&P 500 can continue topping record announces a trade agreement with the European Union. Most European goods, including cars, exported to the U.S. will face a 15% tariff, Trump said Sunday. The bloc also agreed to purchase $750 billion worth of U.S. energy, he added. The Fed is ready to start lowering rates, Trump said. On Friday, the U.S. president said Fed Chair Jerome Powell told him "the country is doing well," which Trump took to mean "he's going to start recommending lower rates." Futures markets disagree. Perfect week for the S&P 500. The broad-based index rose Friday to close at a high — its fifth record in a row last week. The Nasdaq Composite and Dow Jones Industrial Average also advanced. The Stoxx Europe 600 lost 0.29%. Palantir joins rank of top 20 most valuable U.S. companies. After rising more than 2% on Friday to hit a market cap of $375 billion, Palantir bumped Home Depot out of the list. The software provider has more than doubled in value this year. [PRO] Keep an eye on these overbought stocks. Using CNBC Pro's stock screener tool, the team has identified 18 stocks that might be trading at levels higher than their fair value, based on their 14-day relative strength index. Under Trump, Uncle Sam is becoming an active investor The Trump administration has taken direct stakes in companies on a scale rarely seen in the U.S. outside wartime or economic crisis, pushing a Republican Party that traditionally championed free-market capitalism to embrace state intervention in industries viewed as important for national security. More interventions could be on the horizon as the Trump administration develops a policy to support U.S. companies in strategic industries against state-backed competition from China.

How the U.S.-EU trade deal impacts America's imports overall: Tariff simulator
How the U.S.-EU trade deal impacts America's imports overall: Tariff simulator

CNBC

time26 minutes ago

  • CNBC

How the U.S.-EU trade deal impacts America's imports overall: Tariff simulator

A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following discussions with European Commission President Ursula von der Leyen. Trump said that the deal imposes a 15% tariff on most European goods to the U.S., including cars. According to the Tariff Simulator by the online data visualization and distribution platform, The Observatory of Economic Complexity (OEC), the forecasted global exports to the U.S. in 2027 are expected to drop by more than 46% compared to the average of the last three years, or $2.68 trillion. The forecasted U.S. exports to the world in 2027 are expected to increase by 12% compared to the average of the last three years, or $1.59 trillion. The forecast builds on an extended gravity model designed to anticipate how trade may be reconfigured in response to the announced trade deal between the US and the EU alone. This forecast does not include the impact of all the broad tariff increases set to be imposed on Aug. 1. "While the U.S. is imposing tariffs on the world, the world is not imposing tariffs on each other," explained Cesar Hidalgo, economics professor at the Toulouse School of Economicsdirector for the Center of Collective Learning, and founder of Datawheel, which built the OEC Tariff Simulator. "The point here is that countries will have a natural tendency to rewire their trade relationships away from the U.S. in many of these scenarios, he added. "This is true for most countries, except for Mexico and Canada, which are too integrated with the United States and are unable to rewire as quickly as less integrated countries." Hidalgo explained the tariff impact using Germany as an example, "In the early 2025 scenario where there were no new tariffs, exports from Germany to the US were forecasted to go from $133B (2023) to $155B in 2027. With the 15% tariff framework, exports from Germany to the US are forecasted now to go up from $133B 2023 to $149B 2027," said Hidalgo. "Exports are down with respect to what we would have expected if tariffs would have remained the same as they were on January 1st of 2025." Under the 15% tariff scenario projected by the Tariff Simulator, the U.S. will import more from UK ($22.5 billion), France ($10.2 billion), and Spain ($5.65 billion) and less from China (-$485 billion), Canada (-$300 billion), and Mexico (-238 billion). As a result of the decrease in Chinese exports to the U.S. under this scenario, China is expected to import more from Russia ($70 billion), Vietnam ($34.4 billion), and Saudi Arabia ($28 billion) than the U.S. Chinese imports from the U.S. are expected to drop by $101 billion. Logistics experts have warned for months that even with tariff rates at lower rates than the original "reciprocal" rates announced in April, the products are still expensive. The layering of the tariffs will make many products more expensive to import and companies will forego shipments. Retail executives say the result would be a lack of product diversity on U.S. shelves, something American consumers have grown accustomed to. Andrew Abbott, CEO of niche ocean carrier Atlantic Container Line, says the resolution of the tariff levels will be the deciding factor for some European shippers. "I have seen some ocean bookings of high-value products (construction equipment, agricultural equipment, aerospace, transformers, etc.) have put all bookings on hold," said Abbott. "It all depends on the tariff rate. For example, a U.S. customer buying a $300,000 piece of machinery could potentially have $90,000 in tariffs assessed on it, so this is why some companies are waiting until a tariff rate is definitively set," he said. "Companies bringing in low-valued items, on the other hand, are continuing to order product." Based on trade data compiled and analyzed by the OEC, the bills of lading — the receipts for the containers detailing the product and company information — show IKEA is the top U.S. company importing from the EU at 28%. Southern Glazer's Wine and Spirits was next at 9%, followed by Continental Tire (4%), Bosch (4%), Dole Food Co. (3%), and Diageo (2.3%) as the top importers. Examining the top EU exports to the U.S. by product category reveals that furniture leads the list at 11%, followed by rubber tires at 7%, bedspreads at 6%, and wine at 5%.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store