The election-year debates over trade and the minimum wage would appear to have little to do with each other. The growing concern over trade, on the one hand, has focused mostly on the impact of global competition on U.S. manufacturing, sectors in which most employees make far more than the minimum wage. The historic move by California and New York this week to raise their minimum wages to $15, on the other hand, will mostly boost pay for restaurant and retail workers – sectors that do not face international competition.
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