Trump slashed US aid to China by more than half during last fiscal year

President Trump slashed U.S. foreign aid to China by more than half in just one year.

Direct aid from the United States to China dropped from $62 million to $30 million, or 52%, between fiscal year 2019 and fiscal year 2020, according to an Office of Management and Budget report obtained by the Spectator.

The report provides a complete accounting of America’s spending on China and also shows that spending on strategic competition with China increased by 12%.

Additionally, the U.S. also hit China with $60 billion worth of duties on imported goods.

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