Trump is mistaken (or lying) seven times (not ten, as I initially wrote — I overlooked the credit for frozen Russian assets). Over the last three years, Ukraine has received approximately $54 billion from the U.S., not $350 billion.
Specifically, from 2022 to 2024, Ukraine received $31 billion (more precisely, $31.240 billion) in budgetary assistance (for the state budget).
Additionally, the U.S. has already provided $19 billion in loans (to the World Bank) in 2024, but Ukraine has not yet received them (from the World Bank) — it is expected to receive them in 2025. Thus, the total budgetary support allocated by the U.S. to Ukraine is just over $50 billion.
(Only $1 billion in 2024 was provided as part of the agreed G7 broader loan from the U.S. of $20 billion, to be reimbursed from the profits of frozen Russian assets. So, the U.S. has earmarked $20 billion — provided to the World Bank, but of that $20, Ukraine received the first $1 billion in December 2024. Therefore, 31.24 + 19 = 50.24 billion).
Moreover, over $3.5 billion in humanitarian aid (meaning assistance to Ukrainians) was provided. So, in total, Ukraine has received from the U.S. about $50.24 + $3.5 = nearly $54 billion over the three years of full-scale war.
The remaining assistance — several tens of billions more (according to the Kiel Institute, equivalent to €64 billion, or around $65+ billion) — consists of military aid, meaning weaponry rather than funds. Financial resources are received by American Pentagon contractors — for the production of new weapons — either for provision to Ukraine or for supplying the American army to replenish stocks instead of the old arms transferred to Ukraine from storage. In other words, weapons were delivered to Ukraine, but funds went to American manufacturing companies. It is unlikely that this can be considered as "money provided to Ukraine" in the sense that Trump implies.
There were also various other items that were categorized in the U.S. under the banner of "aid to Ukraine" — from expenses for enhancing the American military presence on NATO's eastern flank to humanitarian aid for Africa or subsidies to American farmers.
However, in reality, out of all the packages, Ukraine has received, as stated above, only $54 billion.
For comparison: American arms exports to the global market have more than doubled — from $138 billion in 2021 to $318 billion in 2024. Specifically, by year: $138 billion (2021), $206 billion (2022), $238 billion (2023), $318 billion (2024). Therefore, for the years 2022-2024, the additional U.S. exports compared to 2021 levels are (206-138) + (238-138) + (318-138) = $348 billion. In other words, we have roughly those same "350 billion," not losses, but U.S. revenues!
Ukraine has provided significant promotion for American weaponry (for example, eight European countries purchased "HIMARS" after they proved effective in Ukraine), as well as the need to replace and strengthen European arsenals (such as purchasing F-35s instead of the F-16s or MiG-29s provided to Ukraine).
Without the "advertising expenses" (the $54 billion for Ukrainians who have withstood three years of war against a significantly larger and better-armed army with the help of American weapons) — the net profit for the U.S. amounts to nearly $300 billion. Okay, subtract another $65 billion as the cost of the weapons gifted to Ukrainians. Still, the net profit is approximately $230 billion. There you go.