The U.S. Mission to the United Nations informed Secretary-General António Guterres about its decision to withdraw from the process on Saturday ahead of an worldwide gathering on the global compact for migration in Mexico.
Mr. Trump's United Nations ambassador, Nikki R. Haley, said in the statement announcing the withdrawal that the declaration contained "numerous provisions that are inconsistent with us immigration and refugee policies and the Trump administration's immigration principles".
The American pullout from the pact is scheduled for the end of 2018, AFP reported.
In a statement issued on Saturday, Hayley said: "America is proud of our immigrant heritage and our longstanding moral leadership in providing support to migrant and refugee populations across the globe".
In September 2016, the 193 members of the UN General Assembly unanimously adopted a set of commitments that pledged to uphold the rights of refugees, help them resettle and ensure they have access to education and jobs.
The New York Declaration reaffirms the importance of the global refugee regime and represents a commitment by member states to strengthen and enhance mechanisms to protect people on the move. No country has done more than the United States, and our generosity will continue.
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Miroslav Lajcak of Slovakia, the current UN General Assembly president, said Sunday that he regretted the decision.
"I regret [the] USA decision to disengage from [the] process leading to a United Nations global compact on migration", Miroslav Lajcak tweeted after the decision was announced.
He added that the USA "has the experience and expertise to help ensure that this process leads to a successful outcome". These commitments are known as the New York Declaration for Refugees and Migrants.
She explained the motives behind the move, saying that such domestic policy matters as migration decisions "must always be made by Americans and Americans alone".
More recently, the United States pulled out of the Paris-based culture and education body, UNESCO, accusing it of "anti-Israel bias".
"The writing on the wall is that agreements made with the United States are not worth the paper on which they are written, because the current American president can - anytime, without due cause - call them into question without offering a realistic alternative", USA correspondent Carsten von Nahmen said in an October op-ed for German public broadcaster Deutsche Welle, reacting to Trump's stance on the Iran deal.