Message to NYT Times: Growth in Our Trading Partners Is Good for the United States

The NYT ran a piece about a revised trade pact between the European Union and Mexico with the headline, "In a message to Trump, Europe and Mexico announce trade pact." The piece tells readers:

"...it sends a message to Mr. Trump that some of America’s closest trading partners are moving ahead with deals of their own — potentially leaving American exporters on the losing end in foreign markets."

This is not how this treaty would be viewed in standard economics. While some US exporters may lo...