Seems like you forgot the American worker in the equation?
People who are purely consumers (usually living of real estate gains or entitlements) are of course a huge part of the population, and benefit from everything brining consumer prices down - including cheap labour.
And many people are both consumers and workers, so they are benefitted from lower prices at the same time as they're disadvantaged by lower salaries. If they've already got real estate and the biggest expenses in life paid, they are more interested in lower consumer prices.
Then you have the people who have a much bigger interest in higher salaries than in cheaper consumer goods. Primarily young workers who need to get a foothold in life. For them it is of utmost importance that salaries increase, even though consumer goods get more expensive, because without a foothold in life they have nothing to live for.