Israel’s move to gradually end American military aid is a joint step by Prime Minister Benjamin Netanyahu and U.S. President Donald Trump that “shows the strength of our relationship,” the Prime Minister’s Office said on Wednesday.
“Today, Israel has a strong and stable economy, and Israel and the United States are making the important move from aid to partnership,” the PMO wrote on X.
The statement said Netanyahu set the direction on CBS‘s “60 Minutes” in May. He said then: “I want to draw down to zero the American financial support.”
In 1996, Prime Minister Netanyahu said that Israel would gradually end U.S. financial support of $1.2 billion. He did just that.
— Prime Minister of Israel (@IsraeliPM) November 11, 2026
Thirty years later, Prime Minister Netanyahu said that Israel is strong enough economically to gradually end military support.
Today, Israel has a…
U.S. Secretary of State Marco Rubio said on Monday that Trump wants the Foreign Military Financing portion of Washington’s aid to Israel to end “as soon as possible.”
Trump believes Israel is now “prosperous and rich enough” to buy U.S. weapons without American financing, Rubio told reporters. He added that a new memorandum of understanding with Jerusalem could also cover co-production of some weaponry.
Trump said on Nov. 3 that he had agreed with Netanyahu to cut off U.S. military aid to the Jewish state by the end of the year.
Under the 10-year memorandum of understanding signed during the Obama administration, Israel has received $3.8 billion a year in military aid since the 2019 fiscal year. It is due to keep receiving it through the 2028 fiscal year.