The Trump administration has announced it will eliminate over 90% of the U.S. Agency for International Development's foreign aid contracts, amounting to $60 billion in overall assistance. This drastic reduction aims to overhaul decades of U.S. foreign aid policy, which traditionally supported economic stability and alliances abroad. Officials argue these cuts address significant waste; however, they are likely to impact numerous ongoing programs. President Trump and Elon Musk's push to reduce government size has led to the cessation of thousands of foreign aid projects, with a proposed comprehensive review of all programs underway.
The Trump administration stated it is eliminating over 90% of USAID's foreign aid contracts, totaling $60 billion in overall assistance, undermining U.S. development aid.
The administration's cuts to foreign aid signal a significant shift from decades of U.S. policy, which linked aid to stabilizing foreign economies and strengthening alliances.
President Trump describes USAID projects as advancing a liberal agenda and being wasteful, advocating for a comprehensive review of foreign assistance programs.
The aid funding freeze has halted thousands of U.S.-funded programs abroad, demonstrating the administration's aggressive stance on reducing foreign aid.
Collection
[
|
...
]