The Trump administration officially shuts down the United States Agency for International Development
The Trump administration announced on the 1st that it will officially shut down the US Agency for International Development, which has been in operation for nearly 64 years. US Secretary of State Rubio issued a statement on the same day, stating that the US Agency for International Development will officially cease its foreign aid missions from the 1st, and some remaining projects that comply with Trump administration policies will be transferred to the US State Department for implementation. The statement stated that the United States Agency for International Development has spent over $715 billion over the past few decades, creating a "global non-governmental organization industrial complex" with American taxpayers' money. However, since the end of the Cold War in the 1990s, its work has had little effect: development goals in the aid areas are rarely achieved, instability often intensifies, and anti American sentiment only increases and does not decrease. (Golden Finance)