The report's release surprised even its authors and came shortly after Trump inaccurately tweeted that cold weather on a single day disproves the theory of climate change. Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News.
On Friday, a congressionally mandated government report said that climate change will cost the USA economy hundreds of billions of dollars by the end of the century, ranging across numerous sectors including health care and infrastructure.
The report draws stronger conclusions than three earlier National Climate Assessments in 2000, 2009, and 2014, noting that these types of natural disasters have been increasing in the last 15 years, and that the chances of having more such events going forward are increasing.
The report noted the last few years have smashed USA records for damaging weather, costing almost 400 billion dollars (£312 billion) since 2015.
"There is a weird contrast between this report, which is being released by this administration, and this administration's own policies", said Philip B. Duffy, president of the Woods Hole Research Center.
The costs of climate change could reach hundreds of billions of dollars annually, according to the report.
The report looks at the likely impacts on different areas of the country, including the Midwest.
It concluded that climate change was man-made, and would have devastating effects on the world's economy unless addressed soon.
Earlier in the week, Trump tweeted about the brutal cold spell that hit the East Coast over the Thanksgiving holiday and questioned "Whatever happened to Global Warming?".
The report released this past Friday was compiled by 13 government departments and agencies, including the Department of Agriculture and NASA. Critics say the timing of this release is not a coincidence.
Rush Holt, chief executive officer of the American Association for the Advancement of Science, said the economic warning shows that "policymakers can no longer afford to dismiss or ignore the overwhelming scientific evidence of climate change". In mid-2017, the USA withdrew from the Paris climate change accord, the only country to have approved the historic accord then withdraw from it. Related: Could Oil Prices Fall To $40?
"All the proposals I've seen so far that would address any of these issues would devastate the US economy and have little or no benefit that is demonstrable from our standpoint", he said. "We've known for years that it's true and it's important to our organizing and our local policy efforts that information like this is not only considered, but believed and acted upon".
The report also reiterated the officials" concerns regarding the "greenhouse effect", the gradual warming of the Earth's atmosphere associated with the anthropogenic generation of carbon dioxide, methane, nitrous oxide and other so-called "greenhouse gasses'.