What happens if aid to Ukraine collapses under Trump?

What happens if aid to Ukraine collapses under Trump?
If European aid decreases by 50% and US aid decreases to zero then Ukraine would face a budget gap of $59bn in 2025. / bne IntelliNews
By Katharina Buchholz for Statista November 20, 2024

With the election of Donald Trump as US president at the beginning of November, the future of aid for Ukraine has been thrown into limbo. Trump has been an outspoken critic of US military commitments abroad as part of his infamous claim to "make America great again". Researchers at the Kiel Institute for the World Economy, which has been tracking aid to Ukraine's war effort, have calculated hypothetical scenarios of what they believe Ukraine aid could look like in 2025, once Trump takes office in January, Statista reports.

For comparison, the researchers estimate that 2025 aid to Ukraine would total around $119bn if donations continued following 2024 trends. If Trump were to cut all aid next year, this would lower donations to just $85bn, leaving a gap of 34bn opposite the baseline scenario. As many European countries look towards the US for pointers on their aid strategies, the researchers propose another scenario where European aid also decreases by 50% if US aid were to decrease to zero. In this case, the release estimates a gap of $59bn in 2025 opposite 2024.

However, new funding avenues are opening up for Ukraine. Nato in July pledged $42bn in coordinated aid for 2025, while the G7 recently finalised a plan to lend Ukraine $48bn backed by frozen Russian central bank assets. Both of these vehicles would fill the gap resulting from even the researchers' most negative scenario. However, many experts say that instead of just maintaining Ukraine aid levels, support would have to be raised to lead the country to victory.

Infographic: Will Ukraine Aid Collapse Under Trump? | Statista You will find more infographics at Statista

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