❗US President Donald Trump's announcement to end annual security assistance to Israel by year-end raises concerns over billions of dollars in additional costs for Israeli treasury

➖ Trump says Washington will halt nearly $4 billion

Israeli security official says announcement comes as surprise, with implications still under review ⤵

Israel's Defense Ministry could lose 12 billion shekels ($4 billion) annually, forcing treasury to cover shortfall with taxpayer money

➙ US economic and military assistance to Israel has exceeded $300 billion since its establishment in 1948, adjusted for inflation

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