UK Faces Pressure on US-EU Trade Alignment

Pascal Lamy, former head of the WTO, advises the UK to align with the EU on trade and economic policies rather than a Trump-led US, citing the UK's greater economic interdependence with Europe. Conversely, Trump's senior economic adviser, Stephen Moore, suggests the UK adopt a US-style free market model to facilitate a free trade deal with the US, warning that Trump might impose tariffs otherwise. Economic opinions within the UK are divided, with Bank of England's Andrew Bailey advocating for stronger EU ties, while Finance Minister Rachel Reeves shows interest in improving US trade relations. Moore emphasizes the UK's strategic position between the EU's 'socialist' model and the US's 'free enterprise' model. The prospect of a global trade war looms as Trump proposes significant tariffs on imports, highlighting the need for the UK to carefully navigate its trade relationships post-Brexit.