"An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers"

This quote by Martin Feldstein recommends that if the relative price of items from low wage makers in Asia and Latin America increases, then those items will end up being less appealing to American customers. This might be due to the reality that American consumers may not want to pay the greater rates for these products, or they may have the ability to discover comparable items from other manufacturers at a lower cost. This could result in a decline in demand for these items, which could have an unfavorable effect on the makers in Asia and Latin America. This could also lead to a decline in the variety of tasks readily available in these nations, in addition to a reduction in the amount of cash that these nations get from exports. Eventually, this might result in a decrease in the requirement of living in these countries.