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Trump to End Army Aid
U.S. President Donald Trump announced that Washington would halt security assistance to Israel at the end of this year, in a move he said was based on a prior agreement with Benjamin Netanyahu and that surprised Israeli security officials. The aid amounts to about $4 billion a year, while the loss is estimated at about 12 billion shekels annually, even though the memorandum of understanding in effect from 2019 to 2028 provides for annual assistance of $3.8 billion. Officials and economists warned that the decision could put pressure on the budget and lead to tax increases, while it remains unclear whether the threat will be carried out and how it would affect cooperation and military capabilities.
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