Stephen Moore suggests taking a ‘more socialist’ European outlook may harm future transatlantic tariff negotiations

A top adviser to the US president-elect, Donald Trump, has said the UK should align itself with the American “free enterprise” economic model instead of the “more socialist” European system, as speculation mounts over the terms of a potential transatlantic trade deal.

Stephen Moore, a senior economic adviser to Trump, said if the UK moved towards the US model of “economic freedom” there would be more “willingness” by the incoming administration to agree to a trade deal between the two countries.