American trade policies tend to:
- hurt most Americans by increasing the costs of consumer goods but benefit workers in some industries by creating incentives for companies to pay higher wages.
Explanation:
When trade policies increase the costs of consumer goods, it can negatively impact most Americans by making everyday products more expensive. However, in some industries where workers are paid higher wages due to these policies, it can benefit those specific workers. This scenario showcases a trade-off where there are both negative and positive consequences for different groups of people based on the impact of trade policies.