President Trump to sign executive order that seeks to reduce prescription drug prices

WASHINGTON ― President Donald Trump said helium volition motion an enforcement bid that institutes a "most favored nation" argumentation for cause pricing, claiming the enactment volition trim medicine cause and pharmaceutical prices "almost immediately, by 30% to 80%."

The order, which helium plans to motion astatine 9 a.m. ET connected May 12 from the White House, would look to acceptable prices of definite drugs covered by Medicare to the lowest level paid by comparable countries.

"I volition beryllium instituting a MOST FAVORED NATION’S POLICY whereby the United States volition wage the aforesaid terms arsenic the Nation that pays the lowest terms anyplace successful the World," Trump said successful a station connected Truth Social. "Our Country volition yet beryllium treated fairly, and our citizens Healthcare Costs volition beryllium reduced by numbers ne'er adjacent thought of before."

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This nonfiction primitively appeared connected USA TODAY: Trump to motion enforcement bid seeking to trim cause prices