Trump signs executive order slashing prescription drug costs by up to 80%

Trump signs an order to reduce drug prices, but it's unclear how it would work

President Trump wants to lower drug prices in the U.S. by tying them to the prices paid in other developed countries. The pharmaceutical industry has long opposed the approach.

Drug Price Executive Order Unleashes Unlikely Critics - Liberty Nation News

By John Klar President Donald Trump issued an executive order (EO) yesterday, May 12, designed to reduce drug prices for American patients and taxpayers alike. The move is a moderate effort to work amicably with pharmaceutical companies to cut taxpayer costs for Medicare and Medicaid, shave price gouging by middlemen, and usher in bipartisan “equity” for American consumers. […]

RFK Jr. to Newsmax: Trump Pharma Order Due to European Price-Fixing

Health and Human Services Secretary Robert F. Kennedy Jr. told Newsmax on Monday that the impetus behind President Donald Trump’s executive order to reduce prescription drug costs for Americans was price-fixing by European nations. Kennedy said Americans account for 75% of pharmaceutical company revenue but are just 4.2% of the world’s population. The result: Americans are paying more for prescription drugs than the rest of the world. “It’s not …

KCK pharmacist hopeful as Trump targets prescription drug prices

Local pharmacists say they are hopeful, though cautiously optimistic.

Trump says new order will lower U.S. drug prices and increase them everywhere else

The U.S. is unusual among developed countries in not having some form of price controls on pharmaceuticals

The Americans would be excluded by the pharmaceutical companies because Europeans are capping drug prices, according to the US President. A decree is now to change this. At the same time, he wants to make drastic savings in health insurance for poorer citizens.