President Trump vowed to bring “FAIRNESS TO AMERICA!” by deeply slashing prescription drug prices through an executive order he plans to sign Monday morning.
Trump promised to implement what he called “most favored nation” pricing, which would cut pharmaceutical and prescription drug prices “almost immediately, by 30% to 80%,” he announced in a Truth Social post Sunday night.
“I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World,” he added.
The US spends $400 billion on prescription drugs every year — often triple what other countries spend and typically more than any other nation.
Trump said he wants to get rid of the gap. He did not offer any details in his announcement — which he teased beforehand as “one of the most important and impactful” Truths he ever posted — but promised to deliver them in his executive order Monday morning.
