(SPECTATOR) – President Trump cut foreign aid to China in half in just one year, according to an Office of Management and Budget report obtained exclusively by The Spectator.
The report, which provides a full accounting of U.S. spending on China and is the first of its kind, revealed several key trends that are sure to thrill China hawks. Direct aid to China fell from $62 million in Fiscal Year 2019 to $30 million in Fiscal Year 2020, a decrease of 52 percent. Spending on strategic competition with China jumped from $42.4 billion to $47.5 billion, a 12 percent increase. The US also imposed $60 billion worth of duties on imported Chinese goods.
