Ms Truss told reporters last night: “What is important is what makes Britain more competitive.

“Everything we do will be focused on delivering for people because ultimately what I want to see is more jobs, higher wages and more opportunities.”

Making clear the ideological differences between No10 and the Black House, Mr Biden said earlier: “I am sick and tired of trickle-down economics. It has never worked.

“We’re building an economy from the bottom up and middle out.”

Ms Truss admitted not everyone would agree with her strategy, saying: “Not every measure will be popular and there are always vested interests, people who oppose measures that increase economic growth.

“But what is important to me, what is important to the Chancellor, is that people have more opportunities, there is more investment, there are jobs with higher wages.

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