AAFA urges clearer FTC “Made in USA” labeling standards
“The Federal Trade Commission (FTC) should clarify the ambiguous ‘all or virtually all’ Made in USA standard as U.S. manufacturing is resurging, the American Apparel & Footwear Association (AAFA) said in a Feb. 23 letter to the FTC. The current FTC ‘two-step’ back rule enables some U.S. apparel production to be labeled with an unqualified ‘Made in USA’ label—including language akin to, ‘Made in USA with imported materials,’ if certain specific inputs are also manufactured domestically, but no such rule exists for footwear and travel goods, the AAFA said.”
Korean trade ministry wants to add staff to expand negotiating ability
“The Ministry of Trade, Industry and Energy is working on a restructuring proposal to elevate its Office of Trade Negotiations from its current director-led organization to an assistant minister-led one, and also to increase its staff by 50 … ‘We plan to recruit senior officials with trade expertise and a sufficient number of working-level staff in order to build a competent organization specializing in trade regulations,’ Trade Minister Kim Hyun-chong said.”
[The Korea Herald]
EU, Japan seek to push through trade deal before Brexit
“Japan’s ambassador for international economic affairs, Yoichi Suzuki, said the deal agreed by negotiators last year would likely be presented to the Japanese parliament later in 2018, allowing ratification by the end of the year. ‘It’s a very high priority that it enter force before the end of March 2019,’ he said at a conference at the CEPS think tank in Brussels, referring to the date when Britain is set to leave the EU. If a deal entered into force before Brexit, it could apply automatically to Britain during a post-March 2019 transition period of around two years. Otherwise, it might not.”
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