"Trump will seek to make a 21% cut in foreign aid in the proposal, which seeks $44.1 billion in the upcoming fiscal year compared with $55.7 billion enacted in the fiscal year 2020", as White House official said.
According to him, the aid supplied to Ukraine would remain the same as it was in 2020, despite the new offer.
At the same time, Trump is apparently managing to get the funds to counter the growing economic threats by Russia and China. The U.S. leader would "request an increase in funding for the U.S. International Development Finance Corporation (DFC) to $700 million compared to $150 million the previous year," the interlocutor said as quoted.
According to the outlet, the DFC "was formed in large part to counter China’s growing economic influence. It serves as a development bank that partners with the private sector to provide loans in developing countries. It also serves as an alternative financing option to what the United States sees as predatory practices from China."