Craftsman Tools "proudly made in china"

I had my wife pu a 108 piece Craftsman toolset for a Christmas gift for my adult son. It seemed like a good deal at $50 which was 50% off the supposedly normal price. It has a couple of ratchets and a bunch of assorted sockets in a plastic case. I was really surprised on closer inspection I could not find USA marked on any of the tools. It was only when I looked around on the molded case that I found the "made in China" almost hidden on a label. These tools do not look as refined as the USA made craftsman that I own, much more like the cheaper Asian made tools you might see at a rack at Autozone. I thought that there was some requirement that the country of origin had to be marked on the product?

Sure was a disappointment, I had even commented to my wife before she left to go shopping that I was glad that at least Craftsman handtools were still made here! Apparently I am behind the times about 2 years ....