US EditionDonald Trump Doubles Down on Mathematically Impossible Drug Price Cuts
UNITED STATES, AUG 4 – Trump demands drugmakers cut U.S. prices within 60 days to match lowest global rates while experts doubt tariffs and reshoring will lower costs, despite $250 billion planned investments.
- Experts argue that Trump's proposed changes are unlikely to lower drug prices due to high domestic production costs and the complexities of the global supply chain.
- In response to Trump's actions, U.S. healthcare stocks fell, while pharmaceutical companies announced plans for substantial investments in domestic production.
- Trump's threat of tariffs on imported pharmaceuticals initially resulted in a drop in U.S. healthcare stocks and faces skepticism from industry insiders about achieving his goals.
11 Articles
11 Articles
President Trump claims dramatic drug price cuts to match Europe
WASHINGTON, D.C. – President Donald Trump reiterated his commitment to reducing drug prices by claiming a reduction of up to 1,500 percent. He spoke to reporters on Sunday, emphasizing the need for the U.S. to pay similar prices to those…
Trump SINGLE-HANDEDLY Lowering Drug Prices By MATH PERCENTS THAT DON'T EVEN EXIST!
Donald Trump is very good at Economy! Donald Trump knows Economy better than anyone! Sometimes Donald Trump talks to economists, and they say something, and he says something else, and they say ,“Wow, sir, no one has ever thought about it like that! That makes much more sense! You are great at Economy!”Also, math. Trump is very good at math. He does math like no one does math. Adding, subtracting, percentages. Especially percentages, as you can …
Trump makes yet another outlandish drug prices claim - this time, no one's buying it
Donald Trump has been criticised on social media after he talked about the claim about the "tremendous drop in drug prices".“You know, we’ve cut drug prices by 1,200, 1,300, 1,400, 1,500%,” he told a reporter. But critics soon pointed out that this would mean Americans would be paid to receive their medication.
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