First. From the middle east to europe as leader of the free world, President Trump reaffirmed historic alliances and forged new relationships and called on the wider world to confront the threat of terrorism in new and renewed ways. And by 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 first. And by his action today, President Donald Trump is choosing to put the forgotten men and women of America First. So with gratitude for his and admiration for his unwavering commitment to the American People, it is now my high honor and distinct privilege to introduce to all of you the president of the United States of america, President Donald Trump. [applause] President Trump thank you very much. Thank you. I would like to begin by addressing the terrorist attack in manila. Were closely monitoring the situation, and i will continue to give updates, if anything happens during this period of time, but it is really very sad as to whats going on throughout the world with terror. Our thoughts and our prayers re with all of those affected. Before we discuss the paris accord, id like to begin with 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. Weve added 3. 3 trillion 3. 3 trillion in stock market value to our economy and more than a million private sector jobs. Eve 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 g7, we have taken historic steps to demand fair and reciprocal trade that gives americans a level Playing Field against other nations. Were also working very hard for peace in the middle east and perhaps even peace between the israelis and the palestinians. Our attacks on terrorism are grately 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 werent doing so much in the form of contribution. One by one, we are keeping the promises i made to the American People during my campaign for president. Whether its cutting jobkilling 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 southern border, were bringing jobs, plants and factories back into the United States at numbers which no one until this point thought even possible. And believe me, weve just begun. The fruits of our labor will be seen very shortly even more so. On these issues, and so many more, were following through on our commitments and i dont want anything to get in our way. I am fighting every day for the great people of this crinlt. Country. Therefore, in order to fulfill my solemn duty to protect america and its citizens, the United States will withdraw. Rom the Paris Climate Accord [applause] thank you. Thank you. But begin negotiations to reenter either the paris accord or really entirely new transaction in terms that are fair to the United States, its businesses, its workers, its people, its taxpayers. So were getting out. But we will start to negotiate and we will see if we can make a deal thats fair. And if we can, thats great. And if we cant, thats fine. [applause] 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. 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 fund which is costing the nited states a vast fortune. Compliance with the terms of the paris accord and the owners Energy Restrictions that its placed on the United States could cost america as much as 2. 7 million lost jobs by 2025 according to the National Economic research associates. This 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 be giving them so little. 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 at this time would be close to 3 trillion in lost g. D. P. And 6. 5 million 6. 5 million industrial jobs while households would have 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 who cares deeply about the environment, which i do, i cannot in good conscience support a deal that punishes the United States which is what it does. The worlds leader in environmental protection, while imposing no meaningful obligations on the worlds leading polluters. For example, under the agreement, china will be able increase these emissions by a Staggering Number of years, 3. They can do whatever they want for 13 years. Not us. Ndia 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 the paris accord is very unfair, at the highest level, to the United States. Further, while the current agreement effectively blocks the development of clean coal in america, which it does, and the mines are starting to open up, were having a big opening in two weeks. Pennsylvania, ohio, west virginia, so many places. A big opening of a brand new mine thats unheard of for many years thats not happened. They asked me if ill go. Im going to try. China will be allowed to build hundreds of additional coal plants. So we cant 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. Were supposed to get rid of ours. Even europe is allowed to continue construction of coal plants. In short, the agreement doesnt eliminate coal jobs. It just transfers those jobs 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 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 the selfinflicted 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 in the planet sufficient to lift millions of americas poorest workers out of poverty. Yet under this agreement, we are effectively putting these 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. And 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 for able American Energy our country. [applause] will be a grave risk of brownouts and other blackout. 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 is estimated it 2 uld only produce a. Degrees, this much, celsius eduction in global temperature by the year 2100. Tiny, tiny amount. In fact, 14 days of Carbon Emissions from china alone would wipe out the gains from america and this is incredible statistic, would totally wipe out the gains from americas 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 usinesses and for our homes. As the wall street journal i dont this morning, the reality is that withdrawing is in americas economic interest and wont matter much to the climate. The United States under the Trump Administration will continue to be the cleanest and most environmentally friendly country on earth. Will be the cleanest. Were going to have the cleanest air. Were going to have the cleanest water. We will be environmentally friendly. But were not going to put our businesses out of work. And were not going to lose our jobs. Were going to grow. Were going to grow rapidly. [applause] and i think you just read it just came out minutes ago the Small Business report, Small Businesses, as of just now are booming. Hiring people, one of the best reports theyve seen in many years. Im willing to immediately work with democratic leadersto either negotiate our way back in to 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] so if the obstructionists want to get together with me, lets make them nonobstructionists. We will all sit down and we will get back into the deal and well make it good. And we wont be closing up our factories, and we wont be losing our jobs. And well sit down with the democrats and all of the people that represent either the paris accord or something that we can do thats much better than the paris accord. And i think the people of our country will be thrilled. And i think then the people of the world will be thrilled. And until we do that were out of the agreement. I will work to ensure that america remains the worlds leader on environmental issues. But under a framework that is fair and where the burdens and responsibilities are equally shared among the many nations all around the world. 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 worlds 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. Its to give their country an economic edge over the United States. Thats not going to happen while im president. Im sorry. [applause] my job as president is to do everything within my power to give america a level Playing Field. And to create the economic, regulatory, and tax structures that make america the most prosperous and 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. And i believe its doing very well. I think a lot of people will be very pleasantly surprised. The republicans are working very, very hard. We would love to have support from the democrats. But we may have to go it alone. But its going very well. The Paris Agreement handicaps the United States economy in order to win praise from the very foreign capitals and global activists that have long sought to gain wealth at our countrys expense. They dont 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 lax contributions to our Critical Military alliance. You see whats happening. Its pretty 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 citizens. And we want fair treatment for our taxpayers. We dont want other leaders and other countries laughing at us anymore. And they wont be. They wont be. Was elected to represent the citizens of pittsburgh, not paris. [applause] i promise i would exit or renegotiate any deal which fails to serve americas interests. Many trade deals will soon be under renegotiation. Very rarely do we have a deal that works for this country. But they will soon be under renegotiation. The process has begun from day one. But now were down to business. Beyond the severe Energy Restrictions inflicted by the paris accord, it includes yet another scheme to redistribute wealth out of the United States through the socalled Green Climate fund, nice name. Which calls for developed untries to send 100 billion to developing countries, all on op of americas existing and massive foreign aid payments. So were going to be paying billions and billions and billions of dollars. And were already way ahead of anybody else, many of the other countries havent spent 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 United States has already. Nded over 1 billion nobody else is even close. Most of them havent even paid anything. Of uding funds raided out americas budget for the war against terrorism. Thats where they came. Believe me, they didnt come from me. They came just before i came into office. Not good. And not good the way they took the money. United nations, departing top climate officials reportedly described the 100 billion per year as peanuts and stated that the 100 billion is dog. Ail that was the in 2015, the Green Climate funds executive director reportedly stated that estimated funding needed would increase to 450 billion per year after 2020. And nobody even knows where the money is going to. Nobody has been able to say here is it going to . Of course the worlds top polluters have no affirmative obligations under the green fund. Which we terminate. America is 20 trillion in debt. Cashstrapped cities cannot hire enough Police Officers or fix vital infrastructure. Millions of our citizens are out of work and yet under the paris accord, billions of dollars that ought to be invested right here in america will be sent to the very countries that have taken our factories and our jobs away from us. O think of that. There are serious legal and constitutional issues 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 our withdrawal from the agreement represents a reassertion of americas sovereignty. [applause] our constitution is unique among all nations of the world. Nd it is my highest obligation and greatest honor to protect it. And i will. Staying in the agreement could also pose serious obstacles for the United States as we begin the process of unlocking the restrictions on americas