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8 year oldIkea US president Lars Peterson told NBC News the company had stopped selling its Malm series products because they "could be a danger".
Since 2014, three children have been killed after being crushed by drawers toppling over on top of them.
Last year, Ikea warned customers to use wall mounts with the furniture.
Ikea said it would not recall any chests of drawers in the UK and Ireland.
The company is due to give a further update later on Tuesday.
Following the death of a third toddler in February, Ikea again issued a warning about the furniture, but it has waited until now to issue a full recall.
"Ikea US and Ikea Canada will launch a local recall of chests of drawers in North America only," the company said in a statement.
"Ikea chests of drawers are safe when anchored to the wall per the assembly instruction, using the tip over restraint provided with the product."
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