The justification for all trade is that it benefits the hardworking consumer. Trade restrictions benefit the few at the expense of the many, which is the exact opposite of what politicians like Sanders claim to represent. Protectionism is an insidious tax because it doesn’t show up on a paystub like federal withholding or Social Security. Instead, it manifests in higher prices and lower quality for the consumer. We should resist it in all its forms.
David Henderson explains – contra the economically mistaken Paul Krugman – why workers’ bargaining power is weakened, rather than strengthened, whenever the state reduces the range of options that workers are allowed to offer to employers in exchange for higher pay or other worker benefits.