Aid to Israel: Trump Announces End to Billions in Annual Funding

On November 3, 2026, Donald Trump said on Fox News that the United States would stop providing Israel with about $4 billion in annual military aid at the end of the year. He said he and Prime Minister Benjamin Netanyahu had agreed to the decision, while adding that Washington would help Israel if needed. A 2016 memorandum of understanding signed under Barack Obama provides $38 billion over ten years, or $3.8 billion annually through 2028. Netanyahu had previously expressed a desire to reduce Israel’s reliance on the aid, while the House of Representatives rejected an amendment to end it in July.