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Trump to sign executive order to cut prescription drug prices by 30% to 80% — he says to match other countries

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New York Post Fews App News Provider
Fews App Post Time Hace 2d

President Donald Trump said on Sunday he would sign an executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less. In a post on Truth Social, Trump said he would sign the executive order on Monday morning to pursue what is known as “most favored nation” pricing or international reference pricing. 3 The drugmakers expect the order to apply to a universe of drugs beyond those currently subject to negotiation under former President Joe Biden’s Inflation Reduction Act.

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