problem extending the bounty of the Wealthiest Country on this shared planet with others less fortunate...that is until the advent of Trump and his fellow warriors against such Empathy. Ayn Rand would be so pleased with you ;-).
Those previous administrations also understood...as even China does...the value of "Soft Power" in the international arena. Aid with USAID stickers on packages will be remembered positively by recipients, who will then be more inclined to return such favors, should their help be needed one day.
As for $$$...Trump has no problem in giving Trillions away to those who have no true NEED for such largesse...unlike those in foreign lands starving as we speak...in comfort.
Also...What are the odds that cutting foreign aid was on the agenda for one of DJT's "off the record" meetings with his KGB Handler?