The China Mail - Trump moves to cut more foreign aid, risking shutdown

USD -
AED 3.673042
AFN 63.503991
ALL 81.250403
AMD 376.940403
ANG 1.789731
AOA 917.000367
ARS 1398.425804
AUD 1.414027
AWG 1.8
AZN 1.70397
BAM 1.64926
BBD 2.014277
BDT 122.307345
BGN 1.647646
BHD 0.375226
BIF 2965
BMD 1
BND 1.264067
BOB 6.911004
BRL 5.219404
BSD 1.000055
BTN 90.587789
BWP 13.189806
BYN 2.866094
BYR 19600
BZD 2.011317
CAD 1.36155
CDF 2255.000362
CHF 0.767783
CLF 0.021854
CLP 862.903912
CNY 6.90865
CNH 6.901015
COP 3666.4
CRC 485.052916
CUC 1
CUP 26.5
CVE 93.303894
CZK 20.44504
DJF 177.720393
DKK 6.293504
DOP 62.27504
DZD 129.63704
EGP 46.615845
ERN 15
ETB 155.203874
EUR 0.842404
FJD 2.21204
FKP 0.733683
GBP 0.732547
GEL 2.67504
GGP 0.733683
GHS 11.01504
GIP 0.733683
GMD 73.503851
GNF 8780.000355
GTQ 7.67035
GYD 209.236037
HKD 7.81855
HNL 26.510388
HRK 6.348604
HTG 131.126252
HUF 319.430388
IDR 16832.8
ILS 3.09073
IMP 0.733683
INR 90.56104
IQD 1310.5
IRR 42125.000158
ISK 122.170386
JEP 0.733683
JMD 156.510227
JOD 0.70904
JPY 152.70604
KES 129.000351
KGS 87.450384
KHR 4022.00035
KMF 415.00035
KPW 899.945229
KRW 1440.710383
KWD 0.30661
KYD 0.833418
KZT 494.893958
LAK 21445.000349
LBP 89550.000349
LKR 309.225755
LRD 186.403772
LSL 15.945039
LTL 2.95274
LVL 0.60489
LYD 6.310381
MAD 9.141039
MDL 16.981212
MGA 4395.000347
MKD 51.914306
MMK 2099.574581
MNT 3581.569872
MOP 8.053972
MRU 39.920379
MUR 45.930378
MVR 15.405039
MWK 1736.503736
MXN 17.16435
MYR 3.907504
MZN 63.910377
NAD 15.960377
NGN 1353.403725
NIO 36.710377
NOK 9.506104
NPR 144.93218
NZD 1.655355
OMR 0.382709
PAB 1.000148
PEN 3.353039
PGK 4.293039
PHP 57.848504
PKR 279.603701
PLN 3.54775
PYG 6558.925341
QAR 3.64125
RON 4.291404
RSD 99.437038
RUB 76.275534
RWF 1455
SAR 3.750258
SBD 8.045182
SCR 13.479671
SDG 601.503676
SEK 8.922504
SGD 1.263604
SHP 0.750259
SLE 24.450371
SLL 20969.49935
SOS 571.503662
SRD 37.754038
STD 20697.981008
STN 20.85
SVC 8.750574
SYP 11059.574895
SZL 15.940369
THB 31.080369
TJS 9.435908
TMT 3.5
TND 2.84375
TOP 2.40776
TRY 43.649804
TTD 6.78838
TWD 31.384038
TZS 2600.000335
UAH 43.128434
UGX 3540.03196
UYU 38.554298
UZS 12150.000334
VES 392.73007
VND 25970
VUV 119.325081
WST 2.701986
XAF 553.151102
XAG 0.012937
XAU 0.000198
XCD 2.70255
XCG 1.802336
XDR 0.687473
XOF 553.000332
XPF 100.950363
YER 238.350363
ZAR 15.950904
ZMK 9001.203584
ZMW 18.176912
ZWL 321.999592
  • JRI

    0.2135

    13.24

    +1.61%

  • GSK

    0.3900

    58.93

    +0.66%

  • BCE

    -0.1200

    25.71

    -0.47%

  • BCC

    -1.5600

    86.5

    -1.8%

  • CMSD

    0.0647

    23.64

    +0.27%

  • AZN

    1.0300

    205.55

    +0.5%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • BTI

    -1.1100

    59.5

    -1.87%

  • CMSC

    0.0500

    23.75

    +0.21%

  • RIO

    0.1600

    98.07

    +0.16%

  • NGG

    1.1800

    92.4

    +1.28%

  • RYCEF

    0.2300

    17.1

    +1.35%

  • VOD

    -0.0500

    15.57

    -0.32%

  • RELX

    2.2500

    31.06

    +7.24%

  • BP

    0.4700

    37.66

    +1.25%

Trump moves to cut more foreign aid, risking shutdown
Trump moves to cut more foreign aid, risking shutdown / Photo: © AFP/File

Trump moves to cut more foreign aid, risking shutdown

US President Donald Trump has moved to cut nearly $5 billion of congressionally-approved foreign aid, the White House said Friday -- raising the likelihood of a federal shutdown as Democrats oppose the policy.

Text size:

The $4.9 billion in cuts target programs of the Department of State and the United States Agency for International Development (USAID), Trump wrote in a letter to the House of Representatives.

The president "will always put AMERICA FIRST," the White House Office of Management and Budget said on social media, releasing a copy of the letter.

Democrats have warned that any attempt to reverse funding already approved by Congress would doom negotiations to avoid budgetary paralysis, the so-called shutdown, later this year.

Chuck Schumer, who leads the Democratic minority in the US Senate, described Trump's little-known legislative tactic, technically known as a pocket rescission, as illegal.

"It's clear neither Trump nor Congressional Republicans have any plan to avoid a painful and entirely unnecessary shutdown," he said.

Some moderate Republican also expressed opposition to Trump's effort to stop spending already approved by lawmakers.

A White House official told reporters the administration has a "solid legal basis" for Trump's maneuver -- and that any challenge in court would fail.

- USAID dismantled -

Trump has effectively dismantled USAID, the world's largest humanitarian aid agency, since taking office.

Founded in 1961 as John F. Kennedy sought to leverage aid to win over the developing world in the Cold War, USAID has been incorporated into the State Department after Secretary of State Marco Rubio slashed 85 percent of its programming.

Rubio welcomed Trump's latest move as part of "rooting out fraud, waste, and abuse from the US government, saving American workers billions of dollars."

The vast majority of the new cuts -- $3.2 billion -- would be to USAID funding, according to court documents seen by AFP, confirming an earlier report in the New York Post.

Research published in The Lancet journal in June estimated that the previous round of USAID cuts could result in the preventable deaths of more than 14 million vulnerable people worldwide -- a third of them small children.

Also targeted by the new cuts was $838 million for peacekeeping missions.

"This is going to make our budget situation or liquidity situation that much more challenging," United Nations spokesman Stephane Dujarric told a press conference.

Trump, after taking office for the second time in January, launched a sweeping campaign to downsize or dismantle swaths of the US government.

Republicans control both chambers of Congress, but need Democrat support in the Senate to pass new spending laws.

Trump, who is pushing to extend presidential powers, aims to claw back the $4.9 billion late in the fiscal year so that Congress may not have time to vote before the funding expires next month.

The United States last averted shutdown, with hours to spare, in March.

Shutdowns are rare but disruptive and costly, as everyday functions like food inspections halt, and parks, monuments and federal buildings shut up shop.

Up to 900,000 federal employees can be furloughed, while another million deemed essential -- from air traffic controllers to police -- work but forego pay until normal service resumes.

M.Chau--ThChM