Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Pigment boss: ‘We’re replacing legacy players at the speed of light’

      Eleonore Crespo, CEO of Pigment, confidently leading a business meeting in a modern office setting

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      England draw with Ghana worth £20m extra to British pubs

      GettyImages 2227274505: Business professionals in a meeting discussing innovative strategies, diverse team, modern office ...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Georgia PM’s Starmer outburst over CityAM sanctions scoop

      Georgia PM reacts passionately during press conference on Starmers sanction remarks, highlighting diplomatic tensions.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 04 January 2017 4:59 am

Meet the Anglophile who could soon be Trump’s man in Brussels

By: Tim Newark

Add as a preferred source on Google

This week, Dr Ted Malloch faces an Apprentice-style grilling at Trump Towers in New York to see if he will be hired as Donald Trump’s US ambassador to the EU. Like the President-Elect, he is in tune with the peaceful revolution of 2016 and argues that the liberal elite in Europe need to wake up to the new reality.

“Davos-man is dead,” he declares. “Read the obituary. It is framed in the US election and all that Trump represents. The post-Berlin Wall globalisation consensus is over. Going around telling the locals that they are racists for opposing migration does not help. They are not racists, they are nationalists – and the reality is that just like homeowners they want to feel and see the benefits of home ownership or being a national. Building the country is now Trump’s political and economic imperative.”

Malloch understands that voters have lost patience with the so-called benefits of globalisation and it is now the turn of European politicians to catch up with that truth.

“No longer do we need to have ultimate allegiance paid to corrupt international organisations,” he says, “and think that globalisation or its attendant trade deals will solve all our ills. It has disenfranchised extensive swaths of our populations. Those groups have seen their median incomes fall in the last decade and a half and their costs rise, while disproportionally suffering from under and non-employment. Thanks to blue-collar populism, these working people have now spoken and they have found a voice in Trump. His administration and what it will build is more about hope and change than rage.”

But Malloch will be no populist bull in a Brussels china shop. The former Oxford professor and current member of the Institute of Economic Affairs’ academic advisory council is an experienced diplomat, having served on many international bodies. During the Cold War, he served at an ambassadorial level in Geneva as deputy to the executive secretary of the UN Economic Commission for Europe. He speaks German and French and is a Europhile complete with a Scottish surname and Roosevelt family ties. Immediately after the US election, Malloch was invited to Brussels to address the distinguished EU Montesquieu Forum.

Read more: The liberal left will keep losing until they empathise with their enemies

“For all the turmoil, turbulence, and sheer reality-show melodrama of the 2016 US presidential campaign,” he told them, “the actual results deepen long-standing trends in the electorate rather than shatter them. You may think the Trump election is a so-called black swan event or as one commentator called it a ‘white lash’. It is not. Rather it is part and parcel of a much larger global pendulum swing towards populism and nationalism after decades of elitist globalism. These trends are perceived as problematic for governance, partisanship and democracy. But in fact they spell a different consequence, one that promises market-based solutions, more inclusive capitalism and greater participation and reassertion of national sovereignty.”

In conclusion, talking to the Brussels elite, he reassured them that it was not all bad news. “Yes, Trump’s success will embolden populist anti-establishment parties across Europe and around the world. Face it: this is the new reality but it is not necessarily injurious to democracy or Montesquieu’s original notions of a commercially based Republic. In fact, it could under the best circumstances and with the right personnel enhance both.”

Read more: It’s time to face facts: Pandora’s Box is open and Europe is finished

Throughout the US election, Malloch was very close to Trump and was a key adviser. His insider’s view of the campaign, Hired (WND Books), with an afterword by Nigel Farage, is published this week. This insight makes him the perfect lightning rod for EU politicians to get a real understanding of where the Trump administration is coming from.

“Make no mistake, Trump and his ilk are not anti-trade,” he insists, “and most certainly, as entrepreneurs and most importantly builders, firmly believe in market-based fairly played capitalism. They just don’t want or see the results of a long-term system rigged to benefit only the few, the well connected, the super-elites, who game the system or force their one-world globalism on the rest of us.”

There should be no fear either of him going native in the corridors of Brussels and taking a position against the UK. “In the UK, Brexiteers can take heart from the victory of another anti-establishment figure. His political sympathies for Brexit could lead him to prioritise a trade agreement with the UK once the country leaves the EU. It will also ensure a stronger US-UK Special Relationship.”

Let’s hope that Malloch’s interview in Trump Towers goes well and he hears the legendary Trump phrase “You’re hired!”

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • International

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • Coca-Cola brings in restructuring lineup over failed Costa sale

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

More from CityAM

  • Peace deal will be finalised Sunday, Trump says but Tehran casts doubt

    Politics
    Donald Trump at Pennsylvania CPA event, addressing financial policies to an audience of accounting professionals
  • FTSE 100 Live: Stocks dip after tech sell-off; Trump lashes out at big oil

    Markets
    Techbehemoth and OpenAI yesterday struck a multi-billion-dollar partnership with chipmaker AMD
  • Iran to close Strait of Hormuz as Trump threatens toll

    Economics
    Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes
  • UK in line for fresh US tariff hit as Trump proposes ‘forced labour’ levy

    Economics
    Breaking news conference podium with microphone, focused on speakers notes and event backdrop, set for journalist updates
  • Kevin Warsh tears up forward guidance on rate moves at the Fed

    Markets
    Kevin Walsh addressing a conference audience in a formal business setting, wearing a suit and gesturing with his hand.
  • Asian stocks reach record highs on tech euphoria and US-Iran peace deal

    Markets
    Abrdn's Asia Dragon has recorded chronic underperformance in recent years.
  • Blackstone looks to shed $2bn of stakes in private investment funds

    Markets
    Blackstone skyscraper with modern architecture under clear blue sky, symbolizing financial power and urban development.
  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

    Markets
    Breaking news illustration with abstract globe, digital connections, and stock market growth indicators on a business news...

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies