– This is the script of CNBC's news report for China's CCTV on June 1, Thursday.
Welcome to CNBC Business Daily, I'm Qian Chen.
President Donald Trump is expected to pull out of the Paris climate agreement, multiple news organizations are reporting, citing White House officials.
If he were to officially announce so, the next focus is on how the United States will exit the agreement.
One option is to go through the established protocol for withdrawing from the accord, a process that would stretch out to the end of 2020, a White House official told Axios.
Trump could also declare the Paris Agreement a legal treaty, which would require the Senate to approve it, the sources said.
It is unclear whether Trump has the votes. Twenty-two of 52 Senate Republicans urged Trump to leave the accord in a letter last week.
A final option is to withdraw from an international treaty, the United Nations Framework Convention on Climate Change, which negotiated the Paris Agreement and other landmark climate deals.
A number of large American companies were among those advocating for staying in the Paris Agreement, including Tesla.
Tesla CEO Elon Musk threatened Wednesday to stop advising President Donald Trump if the White House withdraws from the Paris climate accords.
Asked on Twitter what he would do if Trump pulled out of the landmark global deal to curb emissions, Musk said he would "have no choice but to depart [the] councils in that case."
Musk, who also founded SpaceX, is on Trump's manufacturing jobs council and infrastructure council.
Musk has defended his role advising Trump in the face of some criticism from anti-Trump activists, arguing that they should want his voice in the discussions to offer views that differ from those of the president's other advisors.
CNBC's Qian Chen, reporting from Singapore.