Latest news with #China-manufactured
Epoch Times
12-05-2025
- Business
- Epoch Times
Cooler Recall Expanded to 1.28 Million Units Over Risk of Fingertip Injuries
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.'
USA Today
07-05-2025
- Business
- USA Today
Consumer brands eye European markets as US tariffs impact demand
Consumer brands eye European markets as US tariffs impact demand Show Caption Hide Caption Trump meets with retail CEOs to discuss tariffs President Trump recently met with executives from major retailers, including Walmart, Home Depot, Lowe's and Target to discuss the impact of his tariffs. Cheddar Growing numbers of retailers and consumer brands are shifting their focus to Europe and other markets from the United States, as they expect U.S. tariffs to spark price hikes that will drive American consumer demand down. European online fashion retailer Zalando which sells logistics and software services to other retailers, said on Tuesday it was in talks with prospective new clients looking to expand in the European market. "We see brands and retailers really having a larger focus on Europe as a way to also generate additional demand if it gets more difficult to do this in the U.S.," Zalando co-CEO David Schroeder said. U.S. President Donald Trump's administration has slapped a blanket 10% tariff on all imports into the country, and 145% tariffs on goods made in China. German clothing brand Hugo Boss has rerouted China-manufactured products to other markets instead of the U.S., and said there was a "notable deterioration" in U.S. consumer spending in the first quarter due to growing uncertainty over the economy. Tariffs hit retailers: Temu halts shipments to US, shifts to selling from American warehouses "We are currently taking a rather cautious stance regarding consumer behavior in the U.S.," its CEO Daniel Grieder said on Tuesday as the company reported lower revenues compared to last year. The reaction highlights the impact of Trump's tariffs on the flow of consumer products around the globe, forcing companies to shake up long-established patterns of manufacturing and sales. Key will be how U.S. consumers react to price increases as a result of tariffs. Barbie maker Mattel MAT.O on Monday pulled its annual guidance, saying there was too much uncertainty over consumer spending, and that tariffs would force it to raise prices in the U.S. For its card game UNO, Mattel said it was shipping more China-manufactured games internationally to avoid U.S. tariffs on Chinese goods, while increasing production of UNO in India to serve U.S. customers. The CEO of Italian fashion group OTB, which owns brands including Diesel, Jil Sander and Maison Margiela, said on Monday it would have to increase its prices in the U.S. by 8-9% to offset the impact of tariffs. While European brands previously proudly advertised their sales to U.S. consumers, world leaders in spending on clothes and shoes, they have pivoted to trying to reassure investors they are not overly exposed. The U.S. accounts for around 20% of German sportswear brand Adidas' business, CEO Bjorn Gulden said last week in a results call, adding that "for 80% of our business these tariffs have no impact". "We believe we can currently gain more momentum in the other markets," said Gulden. "We can kind of finance the losses... on margin in the U.S. by overachieving in the other markets." More focus on Europe will however increase competition among retailers, and may make it harder for brands to win over new customers. The tariffs have also triggered concerns in the region that low-value goods could be dumped on the market. Cut-price online retailers Shein and Temu, whose main market is the U.S., have increased their advertising spend in Europe as they seek to mitigate the impact of the U.S. hiking tariffs on Chinese goods and removing a duty-free exemption for low-value e-commerce packages from China. Reporting by Helen Reid in London, Ozan Ergenay in Gdansk, Elisa Anzolin in Milan, Juveria Tabassum in Bangalore; Editing by Jan Harvey
Fashion Network
06-05-2025
- Business
- Fashion Network
Spooked by US tariffs, retailers look for growth in Europe
U.S. President Donald Trump 's administration has slapped a blanket 10% tariff on all imports into the country, and 145% tariffs on goods made in China. German clothing brand Hugo Boss has rerouted China-manufactured products to other markets instead of the U.S., and said there was a "notable deterioration" in U.S. consumer spending in the first quarter due to growing uncertainty over the economy. "We are currently taking a rather cautious stance regarding consumer behavior in the U.S.," its CEO Daniel Grieder said on Tuesday as the company reported lower revenues compared to last year. The reaction highlights the impact of Trump's tariffs on the flow of consumer products around the globe, forcing companies to shake up long-established patterns of manufacturing and sales. Key will be how U.S. consumers react to price increases as a result of tariffs. Barbie maker Mattel on Monday pulled its annual guidance, saying there was too much uncertainty over consumer spending, and that tariffs would force it to raise prices in the U.S. For its card game UNO, Mattel said it was shipping more China-manufactured games internationally to avoid U.S. tariffs on Chinese goods, while increasing production of UNO in India to serve U.S. customers. The CEO of Italian fashion group OTB, which owns brands including Diesel, Jil Sander and Maison Margiela, said on Monday it would have to increase its prices in the U.S. by 8-9% to offset the impact of tariffs. While European brands previously proudly advertised their sales to U.S. consumers, world leaders in spending on clothes and shoes, they have pivoted to trying to reassure investors they are not overly exposed. The U.S. accounts for around 20% of German sportswear brand Adidas ' business, CEO Bjorn Gulden said last week in a results call, adding that "for 80% of our business these tariffs have no impact". "We believe we can currently gain more momentum in the other markets," said Gulden. "We can kind of finance the losses... on margin in the U.S. by overachieving in the other markets." More focus on Europe will however increase competition among retailers, and may make it harder for brands to win over new customers. The tariffs have also triggered concerns in the region that low-value goods could be dumped on the market. Cut-price online retailers Shein and Temu, whose main market is the U.S., have increased their advertising spend in Europe as they seek to mitigate the impact of the U.S. hiking tariffs on Chinese goods and removing a duty-free exemption for low-value e-commerce packages from China.
Fashion Network
06-05-2025
- Business
- Fashion Network
Spooked by US tariffs, retailers look for growth in Europe
Growing numbers of retailers and consumer brands are shifting their focus to Europe and other markets from the United States, as they expect U.S. tariffs to spark price hikes that will drive American consumer demand down. European online fashion retailer Zalando, which sells logistics and software services to other retailers, said on Tuesday it was in talks with prospective new clients looking to expand in the European market. "We see brands and retailers really having a larger focus on Europe as a way to also generate additional demand if it gets more difficult to do this in the U.S.," Zalando co-CEO David Schroeder said. U.S. President Donald Trump 's administration has slapped a blanket 10% tariff on all imports into the country, and 145% tariffs on goods made in China. German clothing brand Hugo Boss has rerouted China-manufactured products to other markets instead of the U.S., and said there was a "notable deterioration" in U.S. consumer spending in the first quarter due to growing uncertainty over the economy. "We are currently taking a rather cautious stance regarding consumer behavior in the U.S.," its CEO Daniel Grieder said on Tuesday as the company reported lower revenues compared to last year. The reaction highlights the impact of Trump's tariffs on the flow of consumer products around the globe, forcing companies to shake up long-established patterns of manufacturing and sales. Key will be how U.S. consumers react to price increases as a result of tariffs. Barbie maker Mattel on Monday pulled its annual guidance, saying there was too much uncertainty over consumer spending, and that tariffs would force it to raise prices in the U.S. For its card game UNO, Mattel said it was shipping more China-manufactured games internationally to avoid U.S. tariffs on Chinese goods, while increasing production of UNO in India to serve U.S. customers. The CEO of Italian fashion group OTB, which owns brands including Diesel, Jil Sander and Maison Margiela, said on Monday it would have to increase its prices in the U.S. by 8-9% to offset the impact of tariffs. While European brands previously proudly advertised their sales to U.S. consumers, world leaders in spending on clothes and shoes, they have pivoted to trying to reassure investors they are not overly exposed. The U.S. accounts for around 20% of German sportswear brand Adidas ' business, CEO Bjorn Gulden said last week in a results call, adding that "for 80% of our business these tariffs have no impact". "We believe we can currently gain more momentum in the other markets," said Gulden. "We can kind of finance the losses... on margin in the U.S. by overachieving in the other markets." More focus on Europe will however increase competition among retailers, and may make it harder for brands to win over new customers. The tariffs have also triggered concerns in the region that low-value goods could be dumped on the market. Cut-price online retailers Shein and Temu, whose main market is the U.S., have increased their advertising spend in Europe as they seek to mitigate the impact of the U.S. hiking tariffs on Chinese goods and removing a duty-free exemption for low-value e-commerce packages from China.
Fashion Network
06-05-2025
- Business
- Fashion Network
Spooked by US tariffs, retailers look for growth in Europe
U.S. President Donald Trump 's administration has slapped a blanket 10% tariff on all imports into the country, and 145% tariffs on goods made in China. German clothing brand Hugo Boss has rerouted China-manufactured products to other markets instead of the U.S., and said there was a "notable deterioration" in U.S. consumer spending in the first quarter due to growing uncertainty over the economy. "We are currently taking a rather cautious stance regarding consumer behavior in the U.S.," its CEO Daniel Grieder said on Tuesday as the company reported lower revenues compared to last year. The reaction highlights the impact of Trump's tariffs on the flow of consumer products around the globe, forcing companies to shake up long-established patterns of manufacturing and sales. Key will be how U.S. consumers react to price increases as a result of tariffs. Barbie maker Mattel on Monday pulled its annual guidance, saying there was too much uncertainty over consumer spending, and that tariffs would force it to raise prices in the U.S. For its card game UNO, Mattel said it was shipping more China-manufactured games internationally to avoid U.S. tariffs on Chinese goods, while increasing production of UNO in India to serve U.S. customers. The CEO of Italian fashion group OTB, which owns brands including Diesel, Jil Sander and Maison Margiela, said on Monday it would have to increase its prices in the U.S. by 8-9% to offset the impact of tariffs. While European brands previously proudly advertised their sales to U.S. consumers, world leaders in spending on clothes and shoes, they have pivoted to trying to reassure investors they are not overly exposed. The U.S. accounts for around 20% of German sportswear brand Adidas ' business, CEO Bjorn Gulden said last week in a results call, adding that "for 80% of our business these tariffs have no impact". "We believe we can currently gain more momentum in the other markets," said Gulden. "We can kind of finance the losses... on margin in the U.S. by overachieving in the other markets." More focus on Europe will however increase competition among retailers, and may make it harder for brands to win over new customers. The tariffs have also triggered concerns in the region that low-value goods could be dumped on the market. Cut-price online retailers Shein and Temu, whose main market is the U.S., have increased their advertising spend in Europe as they seek to mitigate the impact of the U.S. hiking tariffs on Chinese goods and removing a duty-free exemption for low-value e-commerce packages from China.
