Trump advisor pushes UK to choose between US and EU economic paths
US presidents economic advisor suggests UK should follow American-style trade model instead of EU ties. Top UK officials respond with plans to balance relationships with both economic powers
Stephen Moore‚ key economic advisor to president-elect Trump made a bold statement about UKʼs trade future on thursday 11/14. He thinks Britain should pick US-style economic system over EUʼs model (which he called socialist-like) to get better trade deals with America
The UK finds itself at cross-roads between two different economic systems — Moore suggests that Britainʼs choice will affect US willingness to make deals: “If UK moves towards American model of economic freedom; it would help push forward our free-trade agreement“
Andrew Bailey Bank of Englandʼs head spoke up about UK-EU connections on same day. Labourʼs govt needs to fix EU relationships he thinks while Rachel Reeves finance minister wants a double-sided approach: reset with EU but also work with Trump on trade stuff. The govt wont go back to EUʼs single market or customs deals but Keir Starmer wants better trade-and-talk relationships
US plans for big import fees (around 10%) make everyone think hard about future trade deals. UK officials try to find middle-ground between US-style free market ideas and EUʼs more controlled approach — its a tricky balance that needs careful planning to keep both sides happy
The UK is kind of caught in the middle of these two forms of economic model
