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The decision likely to enrage climate change activists and comes despite the pleas of American allies.>> Reuters correspondent Valerie Volcovici says the decision will face major backlash.>> You'll see environmental groups start to rally and try to, they all, obviously will be very critical of the move.
And I think what we'll see domestically is the US states that are generally in support of the Paris Agreement, states like California, New York, Illinois. I think you'll start to see these states speak up and perhaps make their own commitments to meet some of the goals pledged in the Paris Agreement.
>> The accord signed last year by world leaders from 195 countries is the most important agreement of its kind, and was seen as one of President Obama's biggest achievements. But the agreement does not fit into Trump's agenda who once called climate change a hoax.>> A lot of it, it's a hoax, it's a hoax.
>> The way Trump has explained it in the past, the United States commitments to reduce emissions would be costly to business. I think some economists would disagree with that but he thinks that if companies are on the hook for reducing their emissions, that's gonna cost them and his whole goal is to make it easier for them to do business.
>> But many in Corporate America were largely in favour of staying in the deal. A full withdrawal from the Paris Agreement could take up to three years. And it will join the United States with only two nations that do not currently support the deal, Nicaragua and Syria. President Trump, meanwhile, not confirming or denying that the US will be pulling out, tweeting Wednesday morning, that an announcement on his decision will be coming over the next few days.
>> You're gonna find out very soon. Thank you all very much.>> Thank you.