The US Will No Longer Provide Funding to the World Health Organization

The blame game between the US and China regarding the origins of the coronavirus has just intensified, with Donald Trump announcing the US will be terminating its relationship with the World Health Organization (WHO).

The move comes amid Trump blaming the WHO for its apparent mismanagement of the coronavirus spread, stating that the organization acted in China’s favor and downplayed the seriousness of the virus, as well as helped cover up the origin of the onset of infection. As per Trump’s request, his administration will no longer provide funding to the WHO, and instead direct the funds towards other health organizations.

On an annual basis, China contributes approximately $40 million to the WHO, whereas the US devotes anywhere between $400 and $500 million to the organization. Although the US will longer be directing funding to the WHO, it will still continue to interact with the organization regarding essential reforms.

Information for this briefing was found via CNBC. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Power Metallic Pushes Deeper Into Saudi Arabia With Amaar Mining Tie-Up

Canada Confirms First Hantavirus Case Linked to MV Hondius Cruise Ship Outbreak

Related News

Chinese Government Set to Impose Controversial National Security Law

It appears that China is about to go through the most significant political event of...

Friday, May 22, 2020, 08:08:00 PM

Biden, Xi Signal Openness To Repair US-China Relations

The US president is resolute in believing his Chinese counterpart would not make an attempt...

Tuesday, November 15, 2022, 03:03:00 PM

Chinese Nationals Charged With Smuggling Agricultural Bioweapon

Federal prosecutors have filed charges against two Chinese citizens accused of bringing a crop-destroying fungus...

Wednesday, June 4, 2025, 02:23:00 PM

JPMorgan Retracts Previous Optimism for US Stocks in Wake of Changing Coronavirus Reality

Despite JPMorgan issuing a relatively optimistic outlook earlier regarding the current and near future state...

Sunday, July 12, 2020, 08:52:00 PM

Pompeo Takes Aim at Chinese Tech Companies, Imposes Visa Restrictions on Huawei Employees

On Wednesday, Secretary of State Mike Pompeo announced the US will be introducing visa restrictions...

Thursday, July 16, 2020, 08:26:00 PM