Trump says US will stop $4 billion military aid to Israel at end of 2026
- On Tuesday, President Donald Trump announced the United States will stop providing $4 billion in annual aid to Israel by year-end, though the administration will continue selling arms to the Middle East ally.
- Trump stated he and Israeli Prime Minister Benjamin Netanyahu agreed months ago to end the funding, citing the optics of the payment as a "signal of unfairness" frequently targeted by critics like Abdul El-Sayed.
- Since the Gaza war began in 2023, the U.S. provided at least $21.7 billion in military assistance, building on a 2016 agreement signed by President Obama that committed $3.8 billion annually to Israel.
- Warning of a "severe blow to Israel's security," Yair Golan, an Israeli opposition leader, criticized the move, as did Democratic Rep. Debbie Wasserman Schultz, who asserted Israeli voters should determine their own leadership.
- Separately, oil prices dropped 3.3% on Tuesday as markets reacted to the policy shift, which faces potential complications due to U.S. security obligations under the Camp David peace accords with Egypt and Israel.
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423 Articles
Decision terminates with a financial agreement that was planned to last 10 years, that is, until 2028. In July, Netanyahu had already shown the desire to reduce this aid to zero over the next decade.
US will halt $4b in aid to Israel as the Mideast ally shifts to buying military hardware, Trump says - The Boston Globe
President Trump told Fox News Channel during a phone call on Election Day for the midterms that Israeli Prime Minister Benjamin Netanyahu had approached him about the idea.
The US President announced that security aid to Israel, amounting to approximately $4 billion per year, will cease at the end of 2026. • Despite the budgetary significance, the local market recorded increases after the announcement. • Ronen Menachem, Mizrahi Tefahot's chief economist, explains why investors may view the move with moderation - and how developments with Iran are related to the picture.
The US president said that the decision was agreed with Netanyahu and that he will now start selling arms to him; it was a thorny issue during the campaign.
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