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Restrictions ‘help US unions more than workers’

The US announced it would cut trade benefits for Bangladesh in the wake of deadly factory incidents. Economist Jagdish Bhagwati examines the reasons behind this move and how it might affect the country’s exports. DW: The US government recently stated it was removing duty-free trade privileges which had been accorded to the South Asian nation under the Generalized System of Preferences (GSP) program, citing dangerous conditions for workers after more than 1,100 people were killed when a factory building collapsed in April. Why has the US administration taken this step? Jagdish Bhagwati: The Obama administration is deeply indebted politically to labor unions, especially their federation…


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