ECONOMY

Trump Has Isolated Himself from European Allies and Lost All Political Clout at Home; Hints He Will Re-enter Paris Climate Agreement


President Trump has teased a possible reversal of his decision on the Paris agreement regarding climate change. Trump says that “something” could happen regarding the deal during his trip to France for Bastille Day.

Nearly 200 countries signed the agreement in December 2015, in effort combat global warming. The agreement also allocates resources to help poorer and developing countries adapt. Trump withdrew the US from the agreement in June 2017.

The president’s official statement on the withdrawal reads, in part, “As President, I can put no other consideration before the wellbeing of American citizens.  The Paris Climate Accord is simply the latest example of Washington entering into an agreement that disadvantages the United States to the exclusive benefit of other countries, leaving American workers — who I love — and taxpayers to absorb the cost in terms of lost jobs, lower wages, shuttered factories, and vastly diminished economic production.”

Mr Trump and Environmental Protection Agency Chief Scott Pruitt (who has previously fought to dismantle EPA altogether) have expressed a desire for the Paris accord to be re-negotiated, a notion France, Germany, and Italy immediately dismissed in a rare collective statement that came on the same day as the US withdrawal announcement.

In a joint press conference with French President Emmanuel Macron, Presient Trump said “If it happens that will be wonderful… and if it doesn’t… that will be ok too.”

“I respect the wish to preserve jobs, I think that’s compatible with the Paris accord,” Mr Macron said.

 

 

 


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