Williams-Sonoma fined $3M for claiming Chinese goods were ‘Made in U.S.A.’

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Williams-Sonoma (NYSE:WSM) must pay a penalty of $3M for passing off Chinese-made products as made in the U.S. violating a Federal Trade Commission administrative rule. The FTC’s “Made in the U.S.A.” standard requires that a product advertised as such must be “all or virtually all” made in the U.S., prohibiting any product with a significant component of imported content to carry that label. “Williams-Sonoma claimed its products were made in the United States even though they were made in China,” said FTC Chair Lina Khan, adding that their deception “misled consumers and harmed honest American businesses.” The products were marketed...