World

29.08.2025

Trump to Cancel $5 Billion in Foreign Aid

Illustration for: Trump to Cancel $5 Billion in Foreign Aid

The report stated: “President Trump is set to cancel nearly $5 billion in foreign aid and peacekeeping funds approved by Congress.” According to the New York Post, the mentioned $5 billion includes spending on aid from the United States Agency for International Development (USAID), as well as spending on peacekeeping activities and contributions to international organizations.

This amount includes $3.2 billion in development aid provided by USAID, $322 million from the USAID and State Department Democracy Fund, $521 million from the State Department’s contributions to international organizations, $393 million from the State Department’s contributions to peacekeeping activities, and $445 million in peacekeeping aid included in a separate budget.

Previously, the Department of Efficiency (DOGE) under the leadership of American businessman Elon Musk focused on canceling USAID. President Trump accused the agency of stealing billions of dollars from the government budget to pay media outlets.