Trump's aid cut stirs unrest in vulnerable Latin American nations
The Trump administration announced an almost complete shutdown of USAID aid programs, which could significantly impact Latin American countries.
President Donald Trump's administration announced on Thursday that USAID's foreign aid programs will be nearly eliminated. According to the Polish Press Agency, this decision means that the State Department will oversee these programs.
The statement noted that nearly 5,800 contracts, valued at $54 billion, were terminated as part of a review of USAID's activities conducted under the supervision of the U.S. Secretary of State. This accounts for as much as 92 percent of all agreements. Additionally, a decision was made to cut 28 percent of American foreign subsidies, initially expected to total $4.4 billion.
Media outlets in Latin America recall that the freeze on USAID programs was one of Trump's first decisions upon reassuming the presidency. This decision threatens the implementation of many key investment programs in the region, which are vital for the economy and the standard of living in these societies.
Implications for Latin America
In 2023, Latin America received $1.7 billion in aid under the USAID program. Haiti, the poorest country in the region and one affected by a civil war waged by gangs, was supposed to receive $316 million this year.
The Trump administration's decision to almost completely phase out USAID aid programs could have far-reaching consequences for Latin American countries that relied on this assistance to implement key development projects.
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