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tv   Shepard Smith Reporting  FOX News  June 1, 2017 12:00pm-1:01pm PDT

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again, watching key parts of the president's team. this a central prom toys the campaign to pull out of the paris climate agreement. what will the details be? we'll watch for more. i'm jenna lee. here's shep. >> shepard: it's noon on the west coast. the president is expected to announce his decision of pulling out of paris climate accord. this choice will affect our economy, our national security, the planet earth itself for generations to come. we will have the president's comments live and we'll look at what his decision means for all of us. "fox news sunday"'s anchor chris wallace will join us. we'll look at how key players have been battling behind the scenes to influence the president from the world's largest companies to his strategist, steve bannon and
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even the first daughter, ivanka. this was a tug of war with global and lasting consequences. we'll also bring you reaction in real time from countries around the world. the president's announcement expected momentarily. let's get to it. a live look at the white house rose garden where fox news has learned that president trump will pull the united states out of the global climate change deal known as the paris accord, putting our nation at odds with almost every other nation on the planet. the white house communications team putting in talking points earlier this hour, calling the paris deal bad for americans. saying president trump's decision today is in keeping with the president's campaign promise to put american workers first. in terms of the environment, leaving the accord aligns american with nicaragua and syria. yesterday it was also russia, but now a kremlin spokesman said even russia is committed to the
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deal. critics of the deal argue it would hurt the economy for years to come. supporters say it's creating clean energy jobs. climate change is real, and our activities do contribute to it. as "new york times" reports today, scientific studies show if the world's carbon emissions continue unchecked, atmospheric temperatures will continue to rise. the planet will not just be hotter but also suffer from rising sea levels, more powerful storms, droughts that lead to food shortages and extreme conditions. supporters argue it's the right thing to do for the environment. and for people, future generations. under the rules, the exit could not be complete until the year 2020. specifically the day after the next presidential election. for now a decision that will have impacts here at home but around the world. let's get to the chief white house correspondent, john roberts that broke the story.
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what else are you hearing? >> in addition to hearing it's a bad deal, we expect to hear the president double down on the notion is the foremost important thing is american jobs. the renaissance in american manufacturing and making sure that americans first when it comes to these deals. he will suggest this paris climate accord negotiated in 2015 was front-loading the cost on american workers and extracting meaningless commitments to companies like china that are polluting more than the united states is. he will say we reduce carbon emissions 12% since 2006 and this was a deal negotiated poorly by the obama administration and was signed out of desperation. the president will talk about its impact on the coal industry here in the united states. you'll remember, during the election campaign, the coal industry was one of his big campaign promises to the voters
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in west virginia saying hillary clinton wants to kill the coal industry, i want to keep it alive. this will keep his conservative base alive as well as those in the manufacturing industry. listen to what his deputy campaign spokesman said about this earlier today on fox. >> i think president trump is going to get -- i hope get out of this paris accord and decide to put american jobs, american workers and the american economy first and create new agreements with the world. >> it looks like what many people on the conservative side of the fence are asking for is going to happen. the president is expected in the next few minutes to announce that the united states will pull out of the 2015 accord. this is not something that will happen overnight. it will takes years to do, shep. >> shepard: reactions coming in from politicians? >> they have been all day. depending on which side of the fence you're on, they're either positive or negative.
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certainly a lot of republicans -- and they were informed about this on the last hour in capitol hill, very happy with the decision the president is making, a few republicans that likely aren't. certainly almost all are. democrats are saying they're not happy with this. this will harm the climate, this will harm the planet and this is also not particularly good for manufacturing either because it's relying on the jobs of the past as opposed to the jobs in the future. a lot of states that are very much into environmentalism like the state of california will fight the president's decision tooth and nail. listen to what governor jerry brown said. >> donald trump by being a denier, going against science is stimulating a reaction. that reaction is going to be strong and sustainable and california will be right there in the forefront of leading the effort to help our economy. >> the president will make what the white house believes is a
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strong case that the paris climate accord would do nothing for the united states, nothing for the environment. we'll see in the next few minutes how the president makes that argument in the rose garden. >> shepard: can you explain how the two sides took the side they did? what are the politics for republicans? >> it's about manufacturing and jobs. for republicans that want to see a manufacturing renaissance in this country, want to see the creation of jobs, whether they're old jobs or whether they be new economy jobs, doesn't really matter. for them, it's all about the economy. for democrats, it's about protecting the environment. the president did make the point during the g-7 conference and nato leaders that he cares deeply about the environment and cares deeply about american jobs and the american economy. so he's just saying that this is not the agreement to do what people thought it would do. he wants to negotiate a better deal, shep. >> shepard: john roberts at the white house. we'll be back live when the president makes an appearance.
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first to chris wallace from "fox news sunday." do we know the back story about how he arrived on this decision? >> i don't know the inside of the last few days. there's been a tremendous tug of war earlier on. you were showing pictures in the colonnade off the rose garden with reince priebus, the chief of staff and steve bannon. this has been a real fight between the globalists in the administration and the nationalists in the administration. people like steve bannon that believe in keeping america first and against globalization. then you have people including jared kushner and ivanka trump, the president's daughter and son-in-law, also gary cohn, the head of the national economic council, the president's top economic adviser all of whom pushing very hard to stay in the agreement. everybody agrees this agreement isn't perfect and isn't by itself going to save the economy or the environment. there's some people, the
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supporters of the agreement that believe that it's an important first step, it's the first time you've gotten countries like china and india, major polluters on board, agreeing to some limits on their carbon emissions. and john roberts was just talking about, well, we negotiate another deal. this took years and 195 nations agreeing to it. the chances because donald trump came in agreed to renegotiate it are very slim. in fact, interestingly enough, president xi of china just talked with angela merkel, the chancellor of germany and talked about how they have to work together to defend this agreement. i think a lot of people and national security people are going to say, this is going to create a national security void, a leadership void and you'll see countries like china and our european allies that aren't so friendly as they were after last week banding together against the white house and against this president when it comes to climate change.
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>> and a great deal of concern i'm reading about today, chris, that china would take the lead on the jobs part of this. make no mistake, there's millions of jobs to be had in a new clean energy economy. the chinese seem ready to take that leadership. >> that's right. there's two sides to the economic equation. two sides to that argument. on the one hand, the president and steve bannon and a lot of his supporters are saying that all of the reductions that were instituted by president obama, the clean power plan, new restrictions on coal power plants, all of that has reduced jobs. on the other hand, it's probably true to some degree. it's been overstated. a lot of that is due to fracking and the use of natural gas and automation in the coal industry, the jobs are not coming back no matter what the president does. but the flip side, you have a huge new industry and market
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for, as you say, clean energy, whether it's solar or wind power. and as the u.s. -- not to say americans companies will get out of that, but to the degree this president is trying to get america out of it, it's going to increase the interest in the market that the chinese think for their products and their industry and there's going to be a lot of jobs there one could argue as the wave of the future, more jobs down the line. >> shepard: we know some of the people and forces in play here trying to influence the president, as there always are on every issue. this had been a campaign promise. the last couple days, chris -- i know you heard it because i've seen it on fox news reporting that the president might have been vacillating. sounded like he might have a little bit for everyone in this thing. >> it was interesting -- we've seen this before with this president. just exam, nafta. his staff put out word that he was going to pull out of nafta. at the last minute, he got phone
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calls from the prime minister of canada and the president of mexico. he backed off it and said no, i'm going to renegotiate it. a lot of efforts there. and some of the people in the white house were going to people outside like elon musk, the big tech person or tim cook, the head of apple and having them call the president and put pressure. musk even threatening that -- he's on a bunch of presidential advisory boards. that if he pulse out of the accord, he will pull out of some of the advisory panels. there was an inside out game here. people inside the white house getting outsiders to put pressure on him. there were people in carbon emissions industries like coal and coal unions that were very much pressuring the president to keep his campaign promise and to pull out of this. it will be interesting to see pulls out of the s it. agreement, it's as john roberts has suggested, a three-year
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process. this won't happen until 2020. the new president, that comes in, if there is a new president or trump who is reelected, could reinsert us at the time that he was pulling us out. on the flip side, he could pull out of the whole underlying u.n. code on which all of these climate agreements are being negotiated. that would be a quicker and more dramatic step to take. it will be interesting to see what he announces. >> we'll listen to that when the president comes out. we'll have live coverage from there. one of the concerns, chris, that industry leaders, those that would spend money on developing in clean industry jobs, that as a result of this, there might be some hesitation. by the time a future president might get us back with the rest of the world, it could be at least from a leadership perspective too late. >> that is a question. having said that, there's going to be a market for clean energy in other parts of the world and to some degree, in this part of
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the world. just because the president pulls out doesn't mean a lot of companies won't decide on their own to institute clean energy policies. california, you have the clip from jerry brown early, the governor. they're going on their own and instituting very tough carbon emissions, greenhouse gas limitations. there's still a market for clean energy. certainly, if the u.s. pulls out of the great international climate accord, you have to think on the open market in other countries, that countries participating in the paris accord will have a leg up on countries that are pulling out. >> shepard: there's a very large -- well, i don't know how large. there's a group of people that deny that climate change is real and deny the science of this. part of those are in president trump's base. if what you're trying to do is solidify your base, it's not a horrible move. >> yeah, if you're calculus is if you're trying to satisfy those people. look, we can talk about it all
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we want. you obviously have some understanding of it. i have some understanding of it. a lot of our viewers have their understanding of whether climate change is real, whether it exists. the scientific information is that it does and human activity contributes to it. there's people that i'm talking to right now that will disagree with that. obviously that factors into how you view the idea of how you pull out of this agreement. to be fair, the agreement was a very loose agreement. it was the most that the u.s. and other countries could get. it's not binding. there was some thought maybe the president would stay in the agreement, just relax the restrictions. it does demand more in a nonbinding way of the u.s. that it does of other countries like china and india. that's on the negative side. it also doesn't -- there's a magic number. 3.6 degrees fahrenheit. the argument is made that if the global temperature were to increase another 3.6 degrees
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fahrenheit, that that sort of passes the drop-dead zone. that's the point that the climate will dramatically change. ice caps will melt more and water levels rise and all of the problems with climate change and global warming that people worry about. this wouldn't have stop it with just the requirements here. there's a lot not to like about this agreement. the supporters will say it took years to do, got 195 countries. it's a step in the right direction, it did get china behind it, countries that have been huge polluters. they passed the u.s. and is the greatest emitter of greenhouse gasses and to pull out will weaken our position on this issue and other issues. many say climate change is a huge issue. it has an impact on nations
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states around the world, particularly in the developing world. >> shepard: chris, i'm going to john roberts at the white house. john, the stagecraft of this thing is classic trump. he's holding an event in the rose garden to capitalize on television coverage, i presume, to pull himself out of an international accord. it's quite a thing. 16 minutes late, so far. >> it is. which is just about on time for this white house. it's interesting he's holding this in the rose garden as opposed to the roosevelt room or issuing a paper statement. i thought the fact that he was doing it in the row garden may want to send a signal that he wasn't completely pulling out and trying to split the baby. there had been talk yesterday coming from the highest levels, maybe it wasn't a wholesale pull-out from the paris climate accord. maybe pulling out of the united
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nations climate conference. but staying in the frame work of the paris climate accord. but from every indication we've gotten, it does look like the president will pull out. so the message that he's sending to the world now is he believes the obama administration signed a bad deal, negotiated a bad deal, signed it out of desperation. this is something the president believes through looking at various studies will undermine american competitiveness and job creation. he believes it will result in the loss of some 6.5 million jobs by the year 2040. he says this is not the deal i can stand by. if you want to negotiate a better deal for the united states, i'm happy to do that. that's the way that he's approaching all of these trade deals. whether it's pulling out of tpp to negotiate bilateral trade agreements with countries or to lean on the leaders of canada and mexico about renegotiating nafta or now what he's doing
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with the climate deal saying i don't like it, let's negotiate another one. >> shepard: john bussie is here. what kind of reaction from around the world to this move? >> he's already gotten it when he went to europe. he got pressure from france and germany to stay in. he's gotten pressure from the secretary general of the united nations to stay in. >> shepard: and the pope. >> you'll see that turn negative as he pulse out as we expect him to. what we don't know, important to watch, how far are you pulling out? what is the language? this is not the right deal for us. we're going to withdraw so he can go to his base saying i delivered for you. you voted me in based on this platform, i delivered for you on tpp, i delivered for you on the paris climate accord. and it sort of makes up for the reversal on nafta, the reversal on calling china a currency manipulator that now he says
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they're not. this would be a win for him. the language will be important. is he saying we're pulling out, but look, climate change is on the docket. we're going to renegotiate this. the language of the trump administration, i want a better deal. >> shepard: if nothing else, it might placate some around the world to some degree. you pull out all the way and especially change the time frame as john roberts said, it angers a lot of people. i don't know how much we care about that. >> it's an important thing, placating a lot of different constituencies. his base is important to him. he wants to deliver a win based on what his campaign platform had been. he is also acknowledging -- certainly internally -- seven out of ten people in the united states believe we should be in this. a big chunk believes we should
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be in this. international leaders believe we should be in this. so he might be seeking of using the language, what we're about to hear, to address those very competing interests regarding this policy. >> shepard: do we have the word from the white house what the delay is and how long it may be? >> we're about 15 minutes late here. they're on time. so if he's 20 minutes late, he's five minutes late now. we don't know what the delay is from our standpoint. people are out here, the seats are filled. it's interesting this was hastily put together clearly because they were offering us more than one seat. usually the seating is restricted. so they're looking to get the seats filled. i'm sure he's going over the final bits of the speech in the oval office, which is caddie
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corner behind me and should be out momentarily. he wants to make sure the stagecraft and the message is correct. as you've pointed out, this is a very big moment here at the white house, shep. >> shepard: and pruitt and priebus arriving. all smiles there. if you're the president and what you want is wins and he's made clear that's what he wants, you see this -- whatever this event is about to be, you see it as a win or you don't hold it in the rose garden. this for the president is the moment of we're winning. >> yes. that's right. he wants to make it explicit and he wants there pagentry around it because he's had some instances recently on policy where he's not been able to declare that he had a clear win. this is controversial for a lot of reasons. you mentioned and the "wall street journal" reported the chinese are focus on the clean energy sector. they have hundreds of billions of dollars in subsidies in their latest five-year plan aimed at that industry.
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the u.s. doesn't want to feed those jobs to china either. the u.s. has been making substantial progress in reducing carbon emissions. we're now at -- last year we were at the level of 1992 in energy-related carbon emissions in the united states. there's a lot of progress to report. people were hoping the paris accord would build on that. >> this is the white house pool camera. zooming in here on steve bannon and reince priebus. if you're counting wins and losses for steve bannon, this is a w. for ivanka trump, this is an l. >> correct, this this is a loss. but clearly for the steve bannon contingent in the white house, which sees most importantly the u.s. going a bit more on its
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own, the so-called nationalists element within the white house, against all of these international accords like the t.p.p., like nafta, like the paris accord, which they feel encumbered the united states, keeping it from being able to act independently in its own self interest. >> shepard: bret baier is with us from washington host of "special report." bret what is the back story here? >> we don't really know. john roberts did some great reporting as this developed that it might have been some kind of hybrid, that there was a pull-out and renegotiation. now it appears and the white house is signalling to lawmakers that will be a full withdrawal from this paris climate agreement. how he structured that considering what the different leaders of foreign countries that he just melt with and at nato and g-7 were urging him to do considering what pope francis
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allegedly told him in the private meetings at the vatican about the climate change issue and how concerned they were about it, how he structured the speech will be interesting to see. he has a lot of supporters on capitol hill. senator rand paul talking about how bad this was for the u.s. others, pruitt just mentioned, the epa administrator, he will be on special report tonight at 6:00 eastern with his take on this and what it means for his job at the upa. >> shepard: it's certainly -- it has allowed him to recapture the narrative, a narrative that works for his base. there's that. >> it is. it's one of the promises on the white board for steve bannon and the things that donald trump the candidate promised would happen if he were donald trump the president. they're checking off some of those things on the white board. steve bannon does look happy. i think it's a win for him.
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if you're monitoring internal politi politics. it's something this president has talked about a long time as candidate. >> shepard: how much pressure, bret, had his daughter applied on this manner? she's a fan of this accord. if he got an ear here, it would be that word. >> yeah, i don't think we have a sense of how much. obviously she weighed in. we confirmed she weighed in. there's others that weighed in. gary cohn, dena powell, others that have debated what this move would be and what the repercussions are. it will be interesting to watch the markets and see the fall-out from this, if there is any. they're going to spin it this is an upside and america first. this is what he promised and what he delivered. >> shepard: brett, thanks. chris wallace from washington with us as well.
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this idea, the checks marks on white board, that's been crucial to his dialogue and his ordinary ty throughout. if you're following along that path, this is another presidential win. >> i don't know that i'd call it a win. i'd call it a promise kept. if you want to call that a win. interestingly enough to a certain degree, the president in an effect has already pulled out of the paris climate accord. there's a number of provisions that he and his epa director, scott pruitt, have imposed. for instance, pulling out of the obama clean power plan that already made it impossible to keep the pledges that president obama did in terms of reductions of greenhouse gas emissions by 2025. in effect, the president had already unilaterally taken steps that would make it impossible to keep the commitments the president made in paris. that's different than formally
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pulling out of the accord. effect is nil on this. it's striking this is more symbolic. the other point i would make, shep, you can call it a win. there's a lot of blow-back on this. a lot of blow-back domestically about it. a lot of blow-back internationally about this. one of the people that is arguing not to pull out of the paris climate accord is the secretary of state rex tillerson who has been told by our allies around the world, they would look very happily at this and see it as an abdigation of u.s. leadership. many will say, good, we don't want to do it at the expense of american jobs. this won't be hails at a all corners of this country or the world. >> shepard: when they talk about at the expense of american jobs,
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are they talking about the dying industries like the coal industry? my understanding, new industries are being created as a result of this. fox stations will be joining us across the nation. we're streaming live on and the fox news app. if you don't have that, you can go to your app store. when breaking news happens, we stream it live. now our local stations are going to join us so that they too can hear what the president has to say this afternoon from the rose garden. >> shepard: good afternoon from fox news in new york. we wait for the president of the united states to come to the microphone at the rose garden. we're led to believe that will happen less than a minute from now to deliver what fox news has confirmed, john roberts is reporting, that the all will pull out of the paris climate accord. we joined that with 195 other
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nations around the world. there's been great international pressure for the united states to stay in. the president campaigned on withdrawing from the climate accord making the assertion that it affects american jobs and american jobs will be more plentiful if we remove ourselves from this accord. a lot of pressure from around the world. today the reporting is that the president he pull out. the question is under what circumstances and will there be any wiggle room for the rest of the world and those in the united states to realize that climate change is real. here's the vice president. >> good afternoon. members of congress, distinguished guests on behalf of the first family, welcome to the white house. [applause] it the greatest privilege of my life to serve as vice president
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to a president who is fighting every day to make america great again. since the firsthis administration, president trump has been working tirelessly to keep the promises he made to the american people. he's opinion promising healthcare, enforcing laws, rebuilding our military, ending illegal immigration. he's been rolling back excessive regulations that were stifling american jobs. thanks to president trump's leadership, american businesses are growing again, investing in america again. and they're creating jobs in this country instead of shipping jobs overseas. thanks to president donald trump, america is back! [applause] just last week, we witnessed the bold leadership of an american president on the world stage putting america first. from the middle east to europe,
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as leader of the free world, president trump reaffirmed historic alliances, forged new relationships and called on the wider world to confront terrorism in renewed ways. but the action the president will announce today, the american people and the wider world will see once again our president is choosing to put american jobs and american consumers first. our president is choosing to put american energy and american industry at first. by his action today, president donald trump is choosing to put the forgotten men and women of america first. so with gratitude for his leadership -- [applause] -- and admiration for his unwavers commitment to the american people, it's my honor to introduce to you the president of the united states of america, president donald trump. [applause]
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>> thank you very much. thank you. i would like to begin by addressing the terrorist attack in manilla. we're closely monitoring the situation, and i will continue to give updates if anything happens during this period of time. it is really very sad as to what is going on throughout the world with terror. our thoughts and our prayers are with all of those affected. before we discuss the paris accord, i'd like to begin with
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an update on our tremendous, absolutely tremendous economic progress since election day on november 8. the economy is starting to come back and very, very rapidly. we've added $3.3 trillion in stock market value to our economy and more than a million private sector jobs. i just returned from a trip overseas where we concluded nearly $350 billion of military and economic development for the united states creating hundreds of thousands of jobs. it was a very, very successful trip. believe me. [applause] thank you. thank you. in my meetings at the g-7, we have taken historic steps to
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demand fair and reciprocal trade that gives americans a level playing field against other nations. we're also working very hard for peace in the middle east. perhaps even peace between the israelis and the palestinians. our attacks on terrorism are greatly stepped up and you see that, you see it all over. from the previous administration, including getting many other countries to make major contributions to the fight against terror. big, big contributions are being made by countries that weren't doing so much in the form of contributions. one by one, we're keeping the promises i made to the american people during my campaign for president. whether it's cutting job-killing regulations, appointing and confirming a tremendous supreme court justice, putting in place tough new ethics rules, achieving a record reduction in illegal immigration on our
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southern border or bringing jobs, plants and factories back into the united states at numbers which no one until this point thought even possible. believe me, we've just begun. the fruits of our labor will be seen very shortly even more so. on these issues and so many more we're following through on our commitments, and i don't want anything to get in our way. i'm fighting every day for the great people of this country. therefore, in order to fulfill my solemn duty to protect america and its citizens, the united states will withdraw from the paris climate accord --
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[applause] thank you. thank you. but begin negotiations to reenter either the paris accord or entirely new transactions on terms that are fair to the united states, its businesses, its workers, its people, its taxpayers. so we're getting out, but we will start to negotiate and we will see if we can make a deal that is fair. if we can, that's great. if we can't, that's fine. [applause] as president, i can put no other consideration before the well-being of american citizens. the paris climate accord is
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simply the latest example of washington entering into an agreement that disadvantages the united states to the exclusive benefit of other countries. leaving workers that i love to absorb the taxes of lost jobs, lower wages, shuttered factories and vastly diminished economic production. thus as of today, the united states will cease all implementation of the nonbinding paris accord and the draconian financial and economic burdens the agreement imposes on our country. this includes ending the implementation of the nationally determined contribution and very importantly the green climate
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fund which is costing the united states a vast fortune. compliance with the terms of the paris accord and the onerous energy restrictions on the united states could cost 2.7 million jobs according to the national economic research associates. includes 440,000 fewer manufacturing jobs, not what we need. believe me, this is not what we need. including automobile jobs and the further decimation of vital american industries on which countless communities rely. they rely for so much and we would give them so little.
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according to the same study by 2040, compliance with the commitments put into place by the previous administration would cut production for the following sectors. paper down 12%. cement down 23%. iron and steel down 38%. coal -- and i happen to love the coal miners -- down 86%. natural gas down 31%. the cost to the economy would be close to $3 trillion in lost gdp and 6.5 million industrial jobs while households would have
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$7,000 less income and in many cases much worse than that. not only does this deal subject our citizens to harsh economic restrictions, it fails to live up to our environmental ideals as someone that cares deeply about the environment, which i do, i can not in good conscious support a deal that punishes the united states, which is what it does. the world's leader in environmental protection, while imposing no meaningful obligations on the world's leading polluters. for example, under the agreement, china will be able to increase these emissions by a staggering number of years. 13. they can do whatever they want
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for 13 years. not us. india makes its participation contingent on receiving billions and billions and billions of dollars in foreign aid from developed countries. there are many other examples, but the bottom line is that the paris accord is very unfair at highest level to the united states. further, while the current agreement effectively blocks a development of clean coal in america, which it does, and the mines are starting to open up, having a big opening in two weeks, pennsylvania, ohio, west virginia, so many places, a big opening of a new mine is unheard of. for many, many years it hasn't happened. they asked me to let go. i'm going to try.
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china will be allowed to build hundreds of additional coal mines. so we can't build the plants, but they can. according to this agreement. india will be allowed to double its coal production by 2020. think of it. india can double their coal production. we're supposed to get rid of ours. even europe is allowed to continue construction of coal plants. in short the agreement doesn't eliminate coal jobs, it transfers them out of america and the united states and ships them to foreign countries. this agreement is less about the climate and more about other countries gaining a financial advantage over the united states. the rest of the world applauded when we signed the paris
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agreement. they went wild. they were so happy. for the simple reason that it put our country, the united states of america, which we all love, at a very, very big economic disadvantage. a cynic would say the obvious reason for economic competitors and their wish to see us remain in the agreement is so that we continue to suffer this self-inflicted major economic wound. we would find it very hard to compete with other countries from other parts of the world. we have among the most abundant energy reserves on the planet. sufficient to lift millions of america's poorest workers out of poverty. yet under this agreement, we're effectively putting these
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reserves under lock and key. taking away the great wealth of our nation, great wealth. phenomenal wealth. not so long ago, we had no idea we had such wealth. leaving millions and millions of families trapped in poverty and joblessness. the agreement is a massive redistribution of united states wealth to other countries. at 1% growth, renewable sources of energy can meet some of our domestic demand, but at 3 or 4% growth, which i expect, we need all forms of available american energy or our country -- [applause]
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-- will be at grave risk of brown-outs and black-outs. our businesses will come to a halt in many cases and the american family will suffer the consequences in the form of lost jobs and a very diminished quality of life. even if the paris agreement were implemented in full with total compliance from all nations, it's estimated it would only produce .2 of one degree -- think of that -- this much. a selfish reduction in global temperature by the year 2100. in fact, 14 days of carbon emissions from china alone would wipe out the gains from america.
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this is an incredible statistic. would totally wipe out the gains from america's expected reductions in the year 2030. after we have had to spend billions and billions of dollars, lost jobs, closed factories and suffered much higher energy costs for our businesses and our homes. as the "wall street journal" wrote this morning, the reality is that withdrawing is in america's economic interests and won't matter much to the comply mitt. the united states under the trump administration will be the cleanest and most environmentally friendly country on earth. the cleanest. we'll have the cleanest air, have the cleanest water, we will
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be environmentally friendly but we're not going to put our businesses out of work. we're going to grow, grow rapidly. i think you just read -- think it just came out, small businesses as of now are booming, hiring people. one of the best reports i've seen in many years. i'm willing to immediately work with democratic leaders to either negotiate our way back into paris under the terms that are fair to the united states and its workers or to negotiate a new deal that protects our country and its taxpayers. [applause]
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so if the obstructionists want to get together with me, let's make them nonobstructionists. we'll sit back down, get in the deal and make it good. we won't be closing up our factories and we won't be losing our jobs. we'll sit down with the democrats and all of thethat re accord or something that we can do that is much better than the paris accord and i think the people of our country will be thrilled. i think then the people of the world will be, too. until we do that, we're out of the agreement. i will work to ensure that america remains the world's leader on environmental issues. but under a frame work that is fair and where the burdens and responsibilities are equally shared among the many nations all around the world.
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no responsible leader can put the workers and the people of their country at this debilitating and tremendous disadvantage. the fact that the paris deal hamstrings the united states while empowering some of the world's top polluting countries should dispel any doubt as to the real reason why foreign lobbyists wish to keep our magnificent country tied up and bound down by this agreement. it's to give their country and economic edge over the united states. that's not going to happen while i'm president. i'm sorry. [applause] my job as president is to do everything within my power to
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give everybody in america a level playing field and to create the economic regulatory and tax structures that make america the most prosperous and most productive country on earth. and with the highest standard of living and the highest standard of environmental protection. our tax bill is moving along in congress. i believe it's doing very well. i think a lot of people will be pleasantly surprised. the republicans are working very, very hard. we love to have support from the democrats, but we may have to go it alone. it's going very well. the paris agreement handicaps the united states' economy in order to win praise from the very foreign capitols and global
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activists that have long sought to gain wealth at our country's expense. they don't put america first. i do. and i always will. [applause] the same nations asking us to stay in the agreement are the countries that have collectively cost america trillions of dollars through tough trade practices and in many cases lacks contributions to our critical military alliance. you see what is happening. it's obvious to those that want to keep an open mind. at what point does america get demeaned? at what point do they start laughing at us as a country? we want fair treatment for its
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citizens and we want fair treatment for our taxpayers. we don't want other leaders and other countries laughing at us anymore. and they won't be. they won't be. i was elected to represent the citizens of pittsburgh, not paris. [applause] i promise i would exit or renegotiate any deal which fails to serve america's interests. many trade deals will soon be under renegotiation. very rarely do we have a deal that works for this country. they will soon be under renegotiation. the process has begun from day one. now we're down to business. beyond this severe energy restrictions inflicted by the
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paris accord, it includes yet another scheme to redistribute wealth out of the united states through the so-called green climate fund -- nice name -- this calls for developed countries to send $100 billion to developing countries all on top of america's existing and massive foreign aid payments. we're going to be paying billions and billions of dollars, and we're already way ahead of anybody else, many of the other countries haven't spend anything. and many of them will never pay one dime. the green fund would likely obligate the united states to commit potentially tens of billions of dollars of which the
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united states has already handed over $1 billion. nobody else is even close. most of them haven't even paid a penny. including funds raided out of america's budget for the war against terrorism. that's where they came. believe me. they didn't come from me. they came before i came into office. not good. not good the way they took the money. in 2015, the united nations departing top climate officials reportedly described the $100 billion per year as peanuts and stated that the $100 billion is the tail that wags the dog. in 2015, the green climate
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fund's executive director reportedly stated that estimated funding needed would increase to $450 billion a year after 2020. nobody even knows where the money is going to. nobody has been able to say where is it going to? of course, the world's top polluters have no affirmative obligations under the green fund. which we determinate. america is $20 trillion in debt, cash-strapped cities cannot hire enough police officers or fix vital structure, millions of our citizens are out of work and yet under the paris accord, billions of dollars that out to be invested right here in america
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will be sent to the very countries that have taken our factories and our jobs away from us. there's serious legal problems as well. foreign leaders in europe, asia and across the world should not have more to say with respect to the u.s. economy than our own citizens and their elected representatives. thus hour withdrawal from the agreement represents a reassertion of america's sovereignty. [applause] our constitution is unique among all nations of the world.
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it is my highest obligation and greatest honor to protect it. and i will. staying in the agreement could pose serious obstacles for the united states as we begin the process of unlocking the restrictions on america's abundant energy reserves that we have started very strongly. it would once have been unthinkable that an international agreement could prevent the united states from conducting its own domestic economic affairs. but this is the new reality we face. if we do not leave the agreement or if we do not negotiate a far better deal. the risks grow historically, these agreements only tend to become more and more ambitious
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over time. in other words, the paris frame work is just a starting point as bad as it is. not an end point. and exiting the agreement protects the united states from future intrusions on the united states sovereignty and massive future legal liability. believe me, we have massive legal liability if we stay in. as president, i have one obligation. that obligation is to the american people. the paris accord would undermine our economy, hamstring our workers, weaken our sovereignty, impose unacceptable legal risk and put us at a permanent disadvantage to the other
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countries of the world. it's time to exit the paris accord. [applause] and time to pursue a new deal that protects the environment, our companies, our citizens and our country. it's time to put youngstown, ohio, detroit, michigan and pittsburgh, pennsylvania along with many, many other locations within our great country before paris, france. it's time to make america great again. thank you. [applause] thank you. thank you very much. [applause] thank you. thank you very much. [applause]
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very important. i'd like to ask scott pruitt, who most of you know and respect as i do just to say a few words. scott, please. [applause] >> thank you, mr. president. your decision today to exit the paris accord reflects your unflinching commitment to put america first. by exiting you're fulfilling one more campaign promise to the american people. please know that i'm thankful for your fortitude, your courage and your steadfastness as you serve and lied our country. america finally has a leader who answers only to the people, not to the special interests that have had their way for way too long. everything you do, mr. president, you're fighting for the forgotten men and