The power strip is rated for what the power strip says it is rated for, there is no mystery here. The "80% rated" thing with breakers is not really what people think it is.
If you have a 12A load, the code says that the conductors for that load must be sized for 125% of that value. 12 x 1.25 = 15A conductors. So the OCPD for that circuit, the breaker, must be rated to protect that conductor, therefore 15A. But you cannot load that breaker to more than 12A without overloading the conductors it is connected to, so INDIRECTLY, the breaker appears to be "rated" for 80%. In reality, the breaker testing and listing is done at 100% of the stated rating. But that testing is done in "free air", meaning that the breaker is all by itself with nothing next to it when it is tested. When you use it, you put it in a panel next to other breakers, which are also hot, so the breaker is then de-rated a little based on that. However since you STILL cannot load the conductors coming FROM that breaker to more than 80% of the breaker rating, that more than covers any heat de-rating anyway, so we still call it a "15A" breaker.
None of this applies to the little internal trip device in a power strip. That power strip is (should be) UL listed all by itself under it's own test criteria, UL1383, "Relocatable Power Taps" (RPTs). In that standard, an RPT is not even required to HAVE an OCPD included in it, but if it does, the standard SPECIFICALLY states that it CANNOT be a substitute for the Branch Over Current Protective Device. In other words it is there as "supplementary protection" only, so the rules on when and how it trips are irrelevant. The UL standard ALSO says that the RPT is only listed to be used when plugged directly into a hard wired receptacle. Most people don't know it (unless they have been popped by a Fire Marshal) but you are NOT allowed to put a plug strip on the end of an extension cord, nor are you allowed to plug an extension cord into a plug strip. So because the plug strip is plugged into a hard wired 15A receptacle, and IT is then ostensibly connected to a #14 wire and a 15A circuit breaker, you effectively cannot exceed 12A on that plug strip anyway.