USA

Trump says he'll decide on Paris climate deal next week

Trump says he'll decide on Paris climate deal next week

Germany's Der Spiegel reported that Trump told European Union leaders in Brussels Thursday that Germans are "bad, very bad" on trade ahead of the Group of Seven summit in Taormina, Sicily.

Trump had said he would listen to what U.S. partners have to say at the G7 before making a decision on how to proceed.

While running for president, Trump promised the USA would leave the accord, taking aim at the cornerstone of former President Barack Obama's efforts to combat climate change. Trump tweeted Saturday that he'll make a decision next week.

He also says it could be a "thorn in the side" of the USA government that the European Union is "probably a stronger and more powerful trade bloc than the United States of America or NAFTA".

He added that the leaders would also discuss cyber security, North Korea, Afghanistan, Pakistan and Russian Federation.

"Europe, Canada and Japan stood up today and made a stand, revealing again how far Trump is out of step with the rest of the world on climate change", Greenpeace worldwide executive director Jennifer Morgan said in Sicily.

G-7 remains divided over protectionism, climate change
French President Emmanuel Macron spoke with Trump at length about the climate deal during a meeting Thursday in Brussels . He added that the leaders would also discuss cyber security, North Korea, Afghanistan, Pakistan and Russian Federation .

"The president indicated we're still thinking about that", Tillerson said.

The GOP senators sent a two-page letter Thursday to President Donald Trump.

Later, as they took the traditional "family photo" group shot, the heads of state quietly kept their distance from Trump, who minutes earlier was caught on video appearing to push the prime minister of Montenegro out of the way to get to his spot. That list includes the pope, who gave Trump a copy of his 2015 encyclical on climate change following a half-hour meeting in his private study Wednesday.

Summit host Paolo Gentiloni, a caretaker Italian prime minister also making his G7 debut, acknowledged as much on the eve of the meeting.

President Donald Trump's positions on the hot-button issues of climate change, trade and migration stand in contrast to many European leaders. He said they would discuss economic issues and also joked that, unlike their last meeting in Florida, the two men would not be able to play golf this time.

The summit is being held at the iconic Taormina theatre.

Wood Mac: Don't expect an OPEC-fueled rally in crude oil prices
WTI crude dipped to near $50.50 p/b with Brent at $53.15 and choppy trading is inevitable over the next few hours at least. Opec sources have said the Thursday meeting will highlight a need for long-term cooperation with non-Opec producers.

The summit will end on Saturday.

Japanese Prime Minister Shinzo Abe says the G-7 agreed to step up pressure on North Korea, including sanctions.

The delay has created an opening for foreign and religious leaders who are imploring Trump to honor the Paris commitment despite his criticisms of the deal as bad for American workers and his description of climate change as a hoax.

White House economic adviser Gary Cohn told reporters on the flight to Sicily Thursday that, if it comes to a choice between measures to curtail global warming under the 2015 Paris climate accord and growing the USA economy, economic considerations would prevail.

The source said G-7 members were still wrestling over a statement on trade and whether it would condemn protectionism, as previous G-7 statements have.

The build-up to the summit has seen even the terrorism issue, normally a unifying subject, sow division with Britain enraged that intelligence it shared with the United States in relation to the Manchester attack, including pictures of the bomb, was leaked to the New York Times and other U.S. media.

G7 leaders pressure Trump on climate change
Cohn said Trump was struck during his discussions Friday by "how important it is for the United States to show leadership". MCMASTER: And so that's - and so while his views are evolving, you know, his basis for his decision has remained unchanged.


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