"The Paris accord is very unfair to the United States," US president Donald Trump said after announcing he would remove the US from the global pact to fight climate change.
Several huge investment firms, including Germany's Allianz Global Investors, have urged G7 leaders to increase their fight against climate change. The pleas will likely fall on deaf ears in the Trump administration.
Despite imposing tariffs on major US allies, the anti-globalist president has called for free trade within the G7. He also insisted US allies would be forced to concede to US trade terms because the US "can't lose."
G7 leaders are struggling to even come up with a joint statement on trade. A breakthrough won't be able to paper over deep differences between the US and its allies.
At a regional Eurasian summit, the presidents of Russia and China have promised to work towards global cooperation. Russia's Putin also signaled a desire for a one-one-one with US President Donald Trump.
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