US EditionTrump Pushes Pharma Companies for Lower Drug Prices, but Also Threatens Massive Tariffs
UNITED STATES, AUG 4 – Experts say Trump’s claim of cutting U.S. drug prices by up to 1,500% is mathematically impossible and unsupported by evidence despite administration efforts to lower costs.
- On August 4, 2025, President Donald Trump claimed his administration has cut U.S. drug prices by up to 1,500%.
- This claim came after Trump issued an executive order in May giving drug manufacturers a 30-day period to voluntarily reduce their prices or face future restrictions on government payments.
- Trump sent letters to 17 pharmaceutical companies last week urging them to match the lowest international drug prices while also threatening tariffs up to 250%.
- Experts including Geoffrey Joyce called the 1,500% reduction impossible, noting cuts above 100% imply payments to consumers, and no evidence supports such declines.
- The administration’s actions suggest continued pressure on drug prices, but the effectiveness and real impact on consumers remain unclear.
13 Articles
13 Articles
Trump pushes pharma companies for lower drug prices, but also threatens massive tariffs
The Trump administration says it's aiming to lower drug costs for Americans.President Donald Trump sent letters to 17 major drug companies last week giving them 60 days to cut prices for U.S. consumers to the lowest prices paid by other countries.The president wrote the administration will "deploy every tool in our arsenal" if companies don't comply.The move follows an executive order he signed in May which focused on cutting drug prices.But mor…
FACT FOCUS: Trump Says He's Cut Drug Prices by up to 1,500%. That's Not Possible - Bucks County Beacon
Days after he sent letters instructing top pharmaceutical manufacturers to use a “most favored nation” pricing model for prescription drugs, President Donald Trump told reporters on Sunday that he had cut costs by up to 1,500%. But Trump’s grandiose claim is mathematically impossible. Here’s a closer look at the facts. TRUMP: “You know, we’ve cut drug prices by 1,200, 1,300, 1,400, 1,500%. I don’t mean 50%, I mean 14 — 1,500%.” THE FACTS: This i…
Donald Trump said he'd cut drug prices 'by 1,000%' and this Maga's attempt to explain it made it even funnier
You might already have seen Donald Trump’s proud declaration that his second administration hasn’t just cut drug prices in the US, it’s cut drug prices by – get this – 1,500%! Trump claims he’s cut drug prices by “1,500 percent” pic.twitter.com/n9meMZxS6R — Aaron Rupar (@atrupar) August 4, 2025 Great work, Mr President! We’ve already written […] The post Donald Trump said he’d cut drug prices ‘by 1,000%’ and this Maga’s attempt to explain it mad…
The pharmaceutical industry is already working on various formulas to meet the demand of the president of the United States. More information: Trump and his policies to lower the price of drugs spark war between pharmacists and insurers
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