Trump's Decision to Cut Aid to Israel Raises Concerns in Israel

US President Donald Trump's decision to halt $4 billion in aid to Israel has resonated in political and military circles in Israel. According to a report by The Times of Israel, Israeli President Isaac Herzog made assessments on the issue during a consultation meeting with a delegation from Yashar, the strongest party in the opposition bloc. Herzog stated that the issue of cutting American aid concerned him deeply, and used the phrase "This situation struck me like lightning" regarding Trump's decision on November 3. Herzog said that in order to preserve relations with Washington, a government should be formed in Israel as soon as possible and new elections should not be held. Trump had announced on November 3, the day midterm elections were held in the US, that $4 billion in aid to Israel would be halted. Stating that an agreement had been reached to stop the aid by the end of the year, Trump said, "We will no longer give money to Israel." Israel's state television KAN reported that Trump's unexpected decision, announced on the day of the midterm elections, caused astonishment in the Israeli Ministry of Defense and military ranks. Not investment advice.