Politics Trump has declared it 'Made in America' week — here's what that title really means

00:20  18 july  2017
00:20  18 july  2017 Source:   businessinsider.com

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Trump has pushed the issue to the forefront, proclaiming that his government will have two major economic goals: to buy American and hire American . But what does it actually mean to have a manufactured item be designated as " Made in America ?"

Trump has pushed the issue to the forefront, proclaiming that his government will have two major economic goals: to buy American and hire American . But what does it actually mean to have a manufactured item be designated as “ Made in America ?”

Made in America© Provided by Business Insider Made in America

President Trump has declared it "Made in America week."

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The goal, according to the White House, is to honor "the incredible workers and companies who make 'Made in America' the world standard for quality and craftsmanship." Today, Trump is hosting companies from across all 50 states to showcase products that have been made in America.

There has been no time in recent memory when so much importance was placed on American manufacturing as it is in this moment.

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Trump has pushed the issue to the forefront, proclaiming that his government will have two major economic goals: to buy American and hire American . But what does it actually mean to have a manufactured item be designated as " Made in America ?"

Today, Trump is hosting companies from across all 50 states to showcase products that have been made in America . Here ' s what Trump 's new tax plan means for a family making ,000, ,000, or 5,000 a year. Business Insider. Confessions of a former hacker: 5 techniques to make you

Trump has pushed the issue to the forefront, proclaiming that his government will have two major economic goals: to buy American and hire American. He has promised to revive and re-shore American manufacturing through creating "fairer" trade deals.

But what does it actually mean to have a manufactured item be designated as "Made in America?"

made in america© Provided by Business Insider made in america The standards are stricter than you might think. "Made in USA" is a label protected by the Federal Trade Commission, or FTC. In order for an item to be called such, the item must be made within the United States' borders from "all or virtually all" American parts — that is, with parts also made in the US.

According to the FTC's website, "all or virtually all" means that "all significant parts and processing that go into the product must be of US origin. That is, the product should contain no — or negligible — foreign content."

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Donald Trump has declared this week “ Made in America ” week . Here s some reactions Will they also hold a not made in America week to showcase all of the Trump family products? B Cohen @bjcohen .

Trump has declared this week " Made in America week " and has hosted companies from across all 50 states to showcase products that have been made in America . SEE ALSO: Trump has declared it ' Made in America ' week — here ' s what that title really means .

The protection also applies to anything that implies such a claim. A gray area is anything that purports to be "assembled" or "built" in America, which is technically not the same claim. The FTC has recently forced some companies, like the Detroit-based company Shinola, to clarify their "built in America" claim. Shinola was forced in 2016 to clarify its claim by adding "from imported parts" to descriptions of some of its products, like watches.

It's important to note that this FTC designation is not considered when the US government is the purchaser. The US government is required to purchase only American-made goods if possible, according to the Buy American Act that was signed by President Herbert Hoover in 1933. However, any item assembled in the US with more than 50% American-made parts is considered American-made for this purpose, regardless of the FTC definition.

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Here & Now. (Patrick Semansky/ AP). “ Make America Great Again” is the driving refrain of Donald Trump ’ s presidential campaign, the title of two Trump -authored books as well. Trump -- ever the marketer -- also has the merchandising rights. He owns the right to use ' Make America Great Again'

This is President Trump speaking earlier this week . PRESIDENT DONALD TRUMP : We’re here today to celebrate American manufacturing and to showcase the amazing products from All Ivanka Trump brand apparel are made abroad. President Trump declared this week “ Made in America ” week .

For automobiles and textiles, as well as items made from fur and wool, additional FTC requirements apply. Clothing and other textiles are permitted to have a "Made in USA" label as long as the item was cut and sewn in the US and the fabric was created in the US, regardless of where the fiber was originated or where the yarn was spun.

Cars are complicated by additional factors outlined in the 1994 American Automobile Labeling Act. Per the law, in addition to where the car was assembled, automakers are required to list the percentage of equipment in the car that originated in the US or Canada, as well as the country of origin for the transmission. US and Canadian parts are listed together, and anything containing 70% US/Canadian parts or more can be rounded up and called 100% US/Canadian.

This is confusing, so third parties like American University's Kogod School of Business have created indexes to give a clearer picture of the cars that are actually made in America. They measure automakers' contributions to the American economy by taking into account the location of each company's global headquarters, as well as the site of its research and development center.

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