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Trump wants fair deal for Americans under Paris agreement: WH

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Indian Prime Minister Narendra Modi met Spain's Mariano Rajoy in Madrid on Wednesday, and both countries reaffirmed their Paris commitments, without mentioning the United States.

On Tuesday, Modi said in Berlin that it would be a "crime" to spoil the environment for future generations as the world awaits a decision on US climate policy.

Rajoy and Modi agreed to boost bilateral cooperation in the field of combating climate change.

"A stunning abdication of American leadership and a grave threat to our planet's future".

"One of the topics that they discussed, of course, was the President's upcoming decision on the Paris Climate Accords", White House Press Secretary Sean Spicer told reporters at his daily news conference.

"This agreement is less about the climate and more about other countries gaining a financial advantage over the United States", Trump said.

She says in a statement that the landmark accord "honors our collective moral responsibility to leave future generations with a planet that is clean, healthy and sustainable".

Trump's decision marked "a sad day for the global community", said Miguel Arias Canete, climate action commissioner for the European Union.

Some northern European countries are criticizing the USA for its expected withdrawal from the Paris climate accords. FILE - In this October 20, 2016 file photo, Finnish Prime Minister Juha Sipila is seen in Brussels. He calls the expected withdrawal "a big setback".

Trump had promised during the campaign to "cancel" the almost 200-nation agreement, the most comprehensive climate pact ever negotiated.

CBS News confirmed the report, saying Trump had told allies he would be pulling out of the deal.

Shortly after the news broke, the United Nations tweeted "Climate change is undeniable".

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"Many times I've made the argument that climate action actually creates jobs and creates growth, which is what the United States want, what Canada wants - it's what every country wants. And climate solutions provide opportunities that are unmatchable", he said.

Mr Trump, who has called climate change a "hoax" on occasion, has reportedly indicated this is still his position to key members of his inner circle.

"If someone leaves a void, I guarantee someone will fill it", said Guterres, who went on to explain what consequences such an exit could have for the US. The White House said the US will stop contributing to the United Nations Green Climate Fund and will stop reporting carbon data as required by the Paris accord, although domestic regulations require that reporting anyway.

Trump on Wednesday declared that abandoning the Paris climate agreement would be a victory for the American economy.

The Paris decision has deeply divided the Administration, with internationalists, such as Tillerson, arguing that it would be beneficial to the United States to remain part of negotiations and global meetings surrounding the agreement, as a matter of leverage and influence.

Although the officials caution no decision is final until the president officially announces it, the White House is now working on how to roll out the announcement and explain the reasons behind Trump's decision.

Trump had vowed during his campaign to "cancel" the Paris deal within 100 days of becoming president, as part of an effort to bolster United States oil and coal industries.

Elon Musk, the CEO of Tesla and SpaceX, threatened to leave two White House advisory councils should President Trump pull the USA out of the landmark Paris Climate Agreement.

In Congress, 40 Democratic senators sent Trump a letter saying withdrawal would hurt America's credibility and influence on the world stage.

On Twitter, Trump teased the announcement of his decision as imminent this week.

The accord, agreed on by almost 200 countries in Paris in 2015, aims to limit planetary warming in part by slashing carbon dioxide and other emissions from the burning of fossil fuels.

During Trump's overseas trip last week, European leaders pressed him to keep the U.S.in the landmark agreement.

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