
Trump Vows to Slash U.S. Prescription Drug Prices with New Executive Order
May 12, 2025 Article
President Trump announced plans to sign an executive order aimed at reducing prescription drug prices in the United States to match the lower costs paid by other countries. The U.S. currently faces some of the highest drug prices globally, often paying nearly three times more than other developed nations. Trump emphasized that the order seeks to correct what he called a longstanding imbalance and to bring financial relief to American patients burdened by soaring medication costs.
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