For years, Individuals have struggled to pay premium costs for lifesaving drugs, all whereas different nations acquired the identical medication for decrease costs. With President Trump’s latest govt order, nevertheless, that may quickly change.
From The Day by day Wire. President Donald Trump on Monday morning signed an govt order to considerably cut back pharmaceutical drug costs for Individuals.
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The directive, Trump pressured, will carry equity to Individuals and minimize out “the middlemen” to carry costs down so residents will begin to pay costs corresponding to different developed nations. …
By implementing a coverage referred to as “Most Favored Nation,” Trump mentioned the U.S. is “gonna pay the bottom value there may be on the earth. We’re now not paying ten instances greater than one other nation.”
Well being and Human Companies (HHS) Secretary Robert F. Kennedy Jr., who was with Trump at a press convention on Monday morning, mentioned that different nations, notably these within the European Union, should chip in for analysis and improvement. Kennedy mentioned elevating their costs by simply 20% would dramatically cut back prices in america.
Trump teased the manager order Sunday evening on Fact Social, saying it will cut back costs by as much as 80%.
JUST IN: PRESIDENT TRUMP’S “MOST IMPORTANT AND IMPACTFUL” TRUTH EVER ISSUED ⬇️
“I’m happy to announce that Tomorrow morning, within the White Home, at 9:00 A.M., I shall be signing one of the consequential Government Orders in our Nation’s historical past….” pic.twitter.com/YfyKzked0S
— The White Home (@WhiteHouse) Could 11, 2025
Throughout Trump’s first time period, he launched a regulation for sure most cancers medication and others to be the identical value as they have been overseas. The Biden administration, nevertheless, deserted the regulation after a court docket struck it down on procedural grounds. …
The order follows one other directive signed by Trump on Could 5, which seeks to cut back the regulatory burden on the home manufacturing of essential medicines. …
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(Excerpt from The Day by day Wire. Picture Credit score: Andrew Harnik/Getty Photographs)
