How will Donald Trump’s plan to cut drug prices work?
- President Donald Trump signed an executive order on May 12, 2025, aimed at reducing U.S. Prescription drug prices to international levels.
- The order was influenced in part by a discussion with a friend who mentioned paying $88 for a weight-loss injection in London, compared to $1,300 for the same treatment in the United States, underscoring significant price disparities.
- The order directs federal agencies to negotiate drug price reductions within 30 days and considers importing medicines, export restrictions, and direct-to-consumer purchasing to lower costs.
- Trump stated the U.S. Will pay "the lowest price there is in the world," with potential savings of 59% or more, while industry groups warned the order could reduce treatments and investment.
- Legal challenges and industry resistance may delay implementation, leaving uncertainty about how effectively the order will lower drug costs for Americans.
24 Articles
24 Articles
Association of Community Pharmacies endorses Donald Trump’s executive order to reduce drug costs
The president's decree calls on pharmaceuticals to match prices to the lowest available in other countries with developments comparable to the United States, while threatening to impose regulations
Trump Executive Order Puts Big Pharma on Notice: Lower Prices or Face Global Benchmarking
President Donald Trump took a bold step toward reshaping the prescription drug market this week, signing an executive order that gives pharmaceutical companies a clear ultimatum: either voluntarily reduce drug prices or be forced to match the lowest prices charged in other developed countries. The order, which targets price discrepancies that have long disadvantaged American […] The post Trump Executive Order Puts Big Pharma on Notice: Lower Pri…
‘The View’ Panics Over Trump’s Plan To Lower Drug Costs, Mainly Because Dems Failed To Do It First
The hosts of ABC’s “The View” complained about President Donald Trump’s plan to lower the cost of prescription drugs for Americans — but as Whoopi Goldberg laid out her objections, it appeared as though her main objection was the fact that Trump was doing what Democrats had not been able to do thus far.Goldberg started off the conversation during Tuesday’s broadcast by asserting that Trump’s plan was bad because he had not yet specified which dr…
Coverage Details
Bias Distribution
- 41% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage