US EditionTrump predicts drug prices will ‘drop like a rock’ after new executive order
- The Trump administration signed an executive order on May 12, 2025, to lower prescription drug prices in the United States.
- This order builds on earlier efforts and aims to introduce a most-favored-nation pricing model to align U.S. drug costs with those of other developed nations.
- The policy mandates drug manufacturers to provide their most competitive prices to U.S. patients; however, experts note that its impact on Medicare and the pharmaceutical industry will likely be limited for several years due to various legal and implementation obstacles.
- President Trump asserted that drug prices could be reduced by as much as 89 percent and highlighted that Americans currently face significantly greater costs for identical medications produced by the same manufacturers compared to buyers in other countries.
- While the order may pressure pharmaceutical firms, analysts expect meaningful price reductions to take years and caution about legal and political hurdles ahead.
18 Articles
18 Articles
USTR notice requesting comment on 'Most-Favored-Nation Prescription Drug Pricing' executive order
Friday, May 23, 2025 Federal Register notice Related: USTR seeks input on discriminatory policies ‘suppressing’ drug prices abroad Trump enlists USTR, Commerce in bid to lower U.S. drug prices Weight: -20
REPORT: Drug Prices Expected To 'Drop Like A Rock' After Trump's Latest Move
President Donald Trump celebrated a major milestone this month, making good on a campaign promise to act quickly to lower the cost of drugs for working Americans. A new executive order directs U.S. Health and Human Services Secretary Robert F. Kennedy, Jr. to implement so-called “most-favored-nation” status at his agency. Under this strategy, drug prices would fall far lower using a standard put forth by the Organization for Economic Co-operatio…
The Western Journal
Drug Prices to 'Drop Like a Rock' After New Executive Order: President Donald Trump
The Trump administration has put in motion its plan to secure lower prescription drug costs for Americans. This week, the Trump administration took its first steps to implement what’s called […] The post Drug Prices to 'Drop Like a Rock' After New Executive Order: President Donald Trump appeared first on The Western Journal.
MedPage Today
Anti-Aging, Acupuncture and Health News'Most Favored Nation' Drug Pricing Is the Headline — But the Real Crisis Runs Deeper
(MedPage Today) -- The outrage over prescription drug pricing in the U.S. is justified. Americans routinely pay two to three times more for medications than patients in other high-income countries. Even drugs developed with American science and...
TGIF: Maestro Trump and Drug Prices
When encountering a public problem, people tend to fall into one of two camps: one camp, the larger one, says, "There oughta be a law." The other one asks, "How has the government created or aggravated the situation?" We know which camp Maestro Trump belongs to. Take prescription-drug prices. Because…
America First Report
Uncanceled News$67 in France and $798 in US – Why Prescription Drug Prices Are so High in US
(The Epoch Times)—Prescription drugs cost more in the United States than anywhere else in the world. President Donald Trump and some bipartisan senators want to change that. Trump has so far issued several actions related to prescription drug prices. The latest, announced May 12, is a Most Favored Nation Prescription Drug policy, requiring pharmaceutical companies to offer their lowest price to U.S. customers. An earlier order aimed to ensure th…
Coverage Details
Bias Distribution
- 62% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
