President Trump stands next to the podium after speaking about the U.S. role in the Paris climate change accord, Thursday in the Rose Garden of the White House. President Trump stands next to the podium after speaking about the U.S. role in the Paris climate change accord, Thursday in the Rose Garden of the White House. Corporate executives generally shy away from addressing hot-button political issues for fear of alienating customers. But after President Trump announced Thursday that he will withdraw the U.S. from the Paris climate change accord, a who's who of Fortune Magazine cover models took to social media to criticize the decision. Here are the reactions of some of the nation's most prominent business leaders: 'Climate change is an urgent issue' Brad Smith, president of Microsoft Corp., said in a lengthy statement Thursday that the technology giant was "disappointed" with Trump's decision.
After days of drama and suspense, President Trump announced Thursday that his administration will exit the Paris climate agreement. "So we're getting out," Trump said. "The Paris accord is very unfair at the highest level to the United States." Trump's decision fulfills a campaign promise and satisfies strong Republican opposition to the global climate deal but isolates the U.S. and is certain to bring condemnation from world leaders and critics in the scientific community. Critics of the Paris agreement argue it hurts the economy but supporters say it will create jobs down the line.
The US is withdrawing from the Paris agreement on climate change, President Donald Trump has announced at a White House Rose Garden speech. Before the announcement, Trump informed Congress about his decision preparing Republican legislators with arguments and lines to take in the face of an expected blowback. Trump said it was his solemn duty to protect "America and its citizens" and that the US would "withdraw from the Paris climate accord, but begin negotiations to re-enter the Paris accord or a new transaction on terms that are fair to the United States". He said: "So we are getting out, but we will start to negotiate and see if we can make a deal that's fair." Trump described the Paris climate accord as an "agreement that is disadvantageous to the US to the exclusive benefits of other countries".
President Donald Trump's decision to pull the United States out of the landmark Paris climate change agreement has drawn strong criticism both at home and abroad, with world and local leaders pledging their support for the accord regardless of Washington's withdrawal. Trump announced on Thursday that he would abandon the agreement, saying it was his solemn duty to protect "America and its citizens". He said the US would "withdraw from the Paris climate accord, but begin negotiations to re-enter the Paris accord or a new transaction on terms that are fair to the United States". According to the rules of the 2016 Paris deal, stepping out of its provisions will be a lengthy process that could take up to four years. The US will join only Nicaragua and Syria as the countries to have not signed onto the agreement - Nicaragua declined to sign the deal in the first place, saying it was too weak.
Donald Trump is expected to withdraw the US from the Paris climate accord, according to a White House official. But the official said there may be "caveats in the language" the president uses to announce the withdrawal, leaving open the possibility that the decision is not final. Nearly 200 nations, including the US, agreed in 2015 to voluntarily reduce their greenhouse gas emissions in an effort to combat climate change. During Trump's overseas trip last week, European leaders pressed him to keep the US in the landmark agreement. He had promised during his presidential campaign to pull the US out of the deal.