EU could respond to 'market distortions' if U.S. quits climate pact: SchulzBERLIN (Reuters) - If President Donald Trump quits the Paris Climate Agreement, U.S. producers will gain a competitive advantage over their European rivals, creating market distortions to which the EU will have to respond, German Chancellor candidate Martin Schulz said. “If Mr Trump wants to leave the climate pact, then we must talk openly about trade relations and market distortions,” Schulz said, suggesting that backsliding on environmental standards could harm the U.S.’s access to the world’s largest market. Schulz is the centre-left Social Democratic party’s candidate to oust conservative Chancellor Angela Merkel in a September election. His party is currently running second in polls behind Merkel’s conservative bloc. politicsNews
eu could respond distortions quits climate pact schulzberlin reuters if president donald trump quits paris climate agreement producers gain competitive advantage european rivals creating market distortions eu respond german chancellor candidate martin chul said if mr trump wants leave climate pact must talk openly trade relations market distortions chul said suggesting backsliding environmental standards could harm access world largest market chul social democratic party candidate oust conservative chancellor angela merkel september election his party currently running second polls behind merkel conservative bloc politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: EU could respond to 'market distortions' if U.S. quits climate pact: SchulzBERLIN (Reuters) - If President Donald Trump quits the Paris Climate Agreement, U.S. producers will gain a competitive advantage over their European rivals, creating market distortions to which the EU will have to respond, German Chancellor candidate Martin Schulz said. “If Mr Trump wants to leave the climate pact, then we must talk openly about trade relations and market distortions,” Schulz said, suggesting that backsliding on environmental standards could harm the U.S.’s access to the world’s largest market. Schulz is the centre-left Social Democratic party’s candidate to oust conservative Chancellor Angela Merkel in a September election. His party is currently running second in polls behind Merkel’s conservative bloc. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: eu could respond distortions quits climate pact schulzberlin reuters if president donald trump quits paris climate agreement producers gain competitive advantage european rivals creating market distortions eu respond german chancellor candidate martin chul said if mr trump wants leave climate pact must talk openly trade relations market distortions chul said suggesting backsliding environmental standards could harm access world largest market chul social democratic party candidate oust conservative chancellor angela merkel september election his party currently running second polls behind merkel conservative bloc politicsnews