Trump Slashes USAID Foreign Aid by 90%

• The Trump administration announced a drastic cut of over 90% in USAID's foreign aid contracts, reducing $60 billion in global assistance.
• This decision follows a 90-day review ordered by President Trump to reassess international development and aid programs.
• The cuts will significantly reduce USAID's operations, leaving only a few projects for advocates to protect through legal battles.
• Nonprofits and contractors owed billions of dollars are facing rapid contract terminations without meaningful review.
• The administration's move was influenced by a court order to lift a monthlong block on foreign aid funding.

Source: Mint, Times Now News, The Times Of India