A group of migrants from Honduras, Guatemala and El Salvador await processing in El Paso, Texas. Photo: Christ Chavez/Getty Images

President Trump announced Friday that the U.S. government would be cutting off foreign assistance to El Salvador, Guatemala and Honduras, blaming them (without evidence) for "setting up" migrant caravans. The State Department confirmed the freeze over the weekend and noted that it could affect up to $700 million in funding.

Why it matters: The purpose of the U.S. foreign assistance targeted by Trump is to address the "root causes" of migration through governance reforms, security assistance and economic development. Cutting that funding would constitute an unforced error that could exacerbate conditions throughout the Northern Triangle and lead even more people to migrate north.

Background: Northern Triangle governments have long been unable to provide stability, accountable governance and a viable economic future for their citizens. Migration from the region is also driven by gang violence, persecution and environmental disaster.

  • The U.S. has tried to engage these issues through the Alliance for Prosperity and other initiatives and has had some real successes.
  • Vice President Mike Pence rightly said in 2017 that it is important to "confront these problems at their source."

Between the lines: Trump’s announcement has likely already had negative repercussions for assistance projects.

  • Funding uncertainty — both in the future and for reimbursement of work done in 2017 and 2018 — is the enemy of development implementers.
  • Even if the cuts were rescinded, organizations may have already made decisions that would limit their ability to quickly restart programming.

What to watch: This is one of the few times — though not the first — the Trump administration has used foreign assistance as a political weapon. But there is emerging bipartisan consensus that U.S. assistance to the Northern Triangle should continue, and Congress is also likely to take issue with this strategy.

Erol Yayboke is a senior fellow and deputy director of the Project on Prosperity and Development at the Center for Strategic and International Studies.

Go deeper

The TikTok deal's for-show provisions and flimsy foundations

Illustration: Aïda Amer/Axios

The new deal to rescue TikTok from a threatened U.S. ban — full of provisions aimed at creating the temporary appearance of a presidential win — looks like a sort of Potemkin village agreement.

How it works: Potemkin villages were fake-storefront towns stood up to impress a visiting czar and dignitaries. When the visitors left, the stage set got struck.

  • Similarly, many elements of this plan look hastily erected and easily abandoned once the spotlight moves on.
52 mins ago - Technology

Over 3 million U.S. voters have already registered on social media

Illustration: Eniola Odetunde/Axios

An estimated 2.5 million+ Americans have registered to vote on Facebook, Instagram, and Messenger, Facebook announced Monday. More than 733,000 Americans have registered to vote so far via Snapchat.

Why it matters: The broad reach of social media platforms makes them uniquely effective at engaging voters — especially younger voters who may not know how to register to vote or be civically engaged.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Wall Street: Recession is over

Illustration: Aïda Amer/Axios

U.S. economic activity fell more sharply in the second quarter of this year than during any other quarter in history. It's also going to grow more sharply in the third quarter of this year than during any other quarter in history.

  • The recession is over, according to Wall Street, with current forecasts showing sustained economic growth through 2021 and beyond.