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Posted: 2025-05-12 07:04:35 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 07:10:10 UTC
Verified By
Rollup News
Donald Trump is issuing an executive order to significantly reduce drug prices in the U.S., potentially cutting them by up to 80%. This move is aimed at addressing the high cost of prescription medications, which amounts to $400 billion annually in the U.S. Trump's plan involves matching drug prices with those of other countries, a strategy that faced legal challenges in the past.
Reduction of U.S. drug prices by up to 80%
Executive order to match drug prices with other countries
Potential savings on the $400B spent annually on medications
Reduction of U.S. drug prices by up to 80%
Executive order to match drug prices with other countries
Reduction of U.S. drug prices by up to 80%
Potential savings on the $400B spent annually on medications
Executive order to match drug prices with other countries
Challenging the pharmaceutical industry's pricing practices
Potential savings for American consumers on medication costs
Previous attempts blocked by the courts
Potential legal challenges from pharmaceutical companies
Previous attempts blocked by the courts
Previous attempts blocked by the courts
Potential legal challenges from the pharmaceutical industry
Potential legal challenges from pharmaceutical companies
Negotiating drug prices with pharmaceutical companies
Ensuring access to affordable medication for all Americans