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Trump is promising to slash drug prices by 1,500%. Here’s what’s really happening

Summary by KIFI
By Tami Luhby, CNN (CNN) — President Donald Trump recently made his boldest claim yet in his longstanding promise to lower drug prices. “You know, we’ve cut drug prices by 1,200, 1,300 and 1,400, 1,500%,” he told reporters on Sunday, noting the reductions will start over the next two to three months. “I don’t mean 50%. I mean 14- 1,500%.” Trump has unveiled a number of moves aimed at cutting drug prices in recent months, but he has yet to move t…

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Trump is promising to slash drug prices by 1,500%. Here’s what’s really happening

President Donald Trump recently made his boldest claim yet in his longstanding promise to lower drug prices.

·Atlanta, United States
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Mediafax “You know, I have reduced the prices of medicines by 1,200, 1,300, 1,400, 1,500”, he told the reporters on Sunday, saying that the reductions will start in the next two months. “I don’t refer to 50%. I’m referring to 1,400-1,500%”. Trup announced in the last months several measures aimed at reducing the prices of medicines, but until now it has not been able to significantly change the costs, with less than 1,500%, which is impossible, …

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WAAY-TV broke the news in Huntsville, United States on Monday, August 11, 2025.
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