Our regulatory environment may be more hostile to business, but as the article points out, the Chinese building that crushed 1200 workers could have never been built under US building codes. Some of our regs and "hostile environment" are good things.
The question is really whether or not we want to let third world economies dictate the US wage rate. If we don't then we need to protect our market.
It's not like there is an equal exchange of trade goods. There is one consumer market in play here, ours. Letting third world labor compete for our market without enforcing an equal exchange of trade goods is national suicide.
Export Dollars + import poverty = Free Trade