Stephen Moore, a senior adviser to President-elect Trump, suggested that the UK should align with the US economic model instead of the EU’s socialist approach. He argued that adopting the US model of free enterprise would make the UK more appealing for a trade deal with the Trump administration, benefiting both countries.
Moore pointed out that the UK faces a choice between two economic systems: the US’s free-market model and the EU’s regulated system. He believes that moving toward the US model would create economic freedom and enhance the UK’s attractiveness as a trade partner.
Past UK-US trade talks have struggled due to concerns over agricultural standards, particularly with products like chlorinated chicken and hormone-treated beef. Moore, however, remains optimistic that these issues can be resolved, emphasizing the strength of the US agricultural sector.
The US’s potential blanket tariffs on imports could complicate the UK’s trade situation. Moore suggested that the special relationship between the US and UK might lead to exemptions, though this remains uncertain and could impact the UK’s economic growth.
Figures like Peter Mandelson and Andy Haldane advocate for a balanced approach, seeking strong trade ties with both the US and EU. This strategy aims to mitigate Brexit risks and maintain access to crucial global markets, which will shape the UK’s economic future.