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Trump says US will halt four billion dollars in annual aid to Israel

The president claims Benjamin Netanyahu suggested ending assistance, though existing pacts run through 2028 and Israeli officials sought details.

Published Nov 3, 2026 · 15:56 UTC4 reports

The short version

  • President Donald Trump stated that the United States will end about $4 billion in annual aid to Israel at the close of the year, while emphasizing Israel can still purchase American arms.[PBS NewsHour · France 24 · Fox News]
  • Trump claimed Israeli Prime Minister Benjamin Netanyahu proposed ending the funding, though a spokesman for Netanyahu said he lacked information and would verify the comments.[PBS NewsHour · Fox News · NBC News]
  • The announcement contradicts the current bilateral security agreement, which provides roughly $3.8 billion annually through 2028.[France 24 · Fox News · NBC News]

Key facts

  • President Donald Trump announced that the United States will stop providing about $4 billion in annual aid to Israel by the end of the year.[PBS NewsHour · France 24 · Fox News · NBC News]
  • Trump stated that Israel would still be permitted to purchase U.S.-manufactured weaponry.[PBS NewsHour · France 24 · Fox News]
  • Trump asserted that Israeli Prime Minister Benjamin Netanyahu initially raised the idea of phasing out assistance during discussions over the past few years.[PBS NewsHour · Fox News · NBC News]
  • A spokesperson for Netanyahu stated he had no initial knowledge of Trump's remarks and would look into the matter.[NBC News]
  • The existing U.S.-Israel memorandum of understanding provides roughly $3.8 billion annually and is scheduled to expire in 2028.[France 24 · Fox News · NBC News]
  • Global crude oil prices declined following Trump's public statements.[NBC News]

What remains uncertain

  • Whether an official agreement or policy change has been executed remains unverified, as Netanyahu's office was uninformed and existing commitments run through 2028.[France 24 · Fox News · NBC News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.