3 publishers · first seen Thu, 05 Nov 2026 12:02 UTC · updated Mon, 09 Nov 2026 17:34 UTC
President Donald Trump announced on November 3 that U.S. military aid to Israel will end by the end of 2026, two days before the midterm elections. The decision concerns a 10-year pact made during Barack Obama's administration to provide $3.8 billion in military aid to Israel every year. The memorandum of understanding (MoU) starting from 2019 was due to expire in 2028. The suddenness of the announcement means that the economic impact on both Israelis and Americans could be powerful. Around 17 percent of Israel's spending is allocated to defense. Without U.S. aid this burden is likely to increase and the effects could be felt by the country's taxpayers. It could also affect U.S. citizens, with Israeli assessments that around one million American households whose livelihoods depend on the production of weapons and ammunition purchased by Israel, could be impacted.
Content auto-generated. May contain inaccuracies.