Stephen Moore, who is advising the president-elect, said the UK ‘has to choose’ between the European Union and US economic models.

The UK is kind of caught in the middle of these two forms of economic model and I believe that Britain would be better off moving towards more of the American model of economic

A senior economic adviser to Donald Trump has urged Sir Keir Starmer to pursue closer ties with the US and not the “socialist” European Union if it is interested in a trade deal. The president-elect has indicated the US could introduce blanket tariffs of up to 20 per cent on imported goods and up to 60 per cent for imports from China.

With Brit-loving Donald Trump soon to take the keys to the White House, experts are torn on what that means for the British economy - but one believes the EU could make life difficult for UK negotiators trying to strike a deal with the next President.