Neo liberal / laissez-faire applies to both major parties in the USA.
Although, it's certainly becoming less so with the GOP than the Democrats. IE: bailouts for farmers affected by their own tariffs, mass deportations which will affect business, etc.
To be liberal was to be open an accepting socially. The americans have changed it to mean to allow anything economically which is then coupled with bigotry because division makes the rich richer, or at least stops them being lynched
Bro this is just wrong on the fine details, starting with the fact that the original liberalism, and using that term specifically tends to mean the founding ideology of the American and French Revolutions btw, allowed racial chattel slavery and ending with the reality that the "liberal" parties in most countries besides America are conservatives.