Israeli Firms Scramble As Trump Administration Restricts Military Aid

Israeli Firms Scramble As Trump Administration Restricts Military Aid
Israeli Firms Scramble As Trump Administration Restricts Military Aid

After years of subsidizing the Israeli defense industry, the US is now insisting Tel Aviv spend all the military aid it gets from America on American companies. The Israeli government and hundreds of Israeli companies are scrambling to adjust, with one estimate predicting 20,000 layoffs.