And as wages go higher (whether overseas or locally) the prices of manufactured goods would be expected to increase. If suddenly Chinese-made TVs were banned in the US and a whole supply chain of factories were spun up paying honorable wages to workers building TVs, the price of a TV would go up. (By how much I don't know, maybe not that much). This would be expected to reduce the overall volume of TV sales -- unless of course everyone's wages had also gone up proportionally so that their TV budget has also grown. But then everything those folks are building would need to have gotten more expensive, too, right?
If our desired outcome is increased wages for manufacturing, this doesn't seem like the way forward. "This" being localizing manufacture of consumer goods. Heck, at a certain point there won't be any cheap labor left, though it might take generations for standards of living in all of the third world to rise to the level of the West. Then what, robots?
Even my pet idea -- adding a tax to long-distance shipping as a way to incentivize local production and reduce greenhouse gas production -- would probably not increase wages in a way that would allow for continued cheap consumer items. Of course, there are other levers at work here, such as Government subsidies (cheap cheese!) and corporate profits / executive salaries. But I'm way off topic now. ¯\_(ツ)_/¯