UK must pick between US economic model or EU’s ‘socialism’, says Trump adviser
UK must pick between US economic model or EU’s ‘socialism’, says Trump adviser
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Stephen Moore suggests taking a ‘more socialist’ European outlook may harm future transatlantic trade negotiations
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Summary
Stephen Moore, a senior economic adviser to US president-elect Donald Trump, urged the UK to adopt the US “free enterprise” model over Europe’s “more socialist” system, suggesting it would enhance the Trump administration’s “willingness” to pursue a UK-US trade deal.
Moore also defended US agricultural practices and Trump’s proposed 10% blanket import tariff, noting possible exemptions for allies like the UK.
UK leaders, including Keir Starmer, face pressure to balance trade ties with both the EU and US, with figures like Peter Mandelson advocating dual trade agreements amid Brexit challenges.