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President Donald Trump He said on Monday that now “he will no longer tolerate profits and prices with large farms” while signed an executive command that implements what his administration calls “the most favorable price of nations of drugs”.
“The principle is simple – regardless of the lowest price paid for a cure in other developed countries, this is the price that Americans will pay,” Trump said in the White House. “Some drugs and pharmaceutical drugs and prescription pharmaceutical drugs are reduced almost immediately by 50 to 80 to 90%.”
Trump said “starting today, the United States will no longer subsidize Health care Foreign countries, what we did. We subsidize someone else’s health care, countries where they have paid a small part of what we pay for the same cure for many, many times more and more will not tolerate profits and prices from great pharmacy. ”
“Although the United States is home only 4% of the world’s population, pharmaceutical companies earn more than two -thirds of earnings in America. So, think of this with 4% of the population, the pharmaceutical companies make most of their money. Most profits from America. That’s not a good thing,” Trump continued.
Trump says he will crash drug prices with executive commands
President Donald Trump, accompanied by the Secretary of Health and Human Services, Robert F. Kennedy Jr., left, during the oath ceremony for Dr. Mehmet Oz, as an administrator of Medicare and Medicaid Services at the Oval Office at the White House 18 April 2025. (Andrew Hardik/Getty Images)
“I Think, by the Way, Pharmaceutical – I have Great Respect for These Companies and For the People That Run Them. And Really Do, and I Think Think those Did One of the Greatest Jobs in History for Theor Company, Convincing People for for Many Years Really Understood Why, But and Figured It Out. For Year, Pharmaceutical and Drug Companies have said that research and developed costs were whats are, and for no reaSon Whatsooever “No more, they don’t.”
AND Said the White House That the executive order “directs the US trade representative and the secretary of the trade to take measures to ensure that foreign countries are not involved in practices that intentionally and unfairly underestimate market prices and increase prices in the United States.
“The command points to the administration to communicate price goals to pharmaceutical manufacturers to determine that America, the largest buyer and prescription drugs, get the best offer,” said the White House.
“Health and Human Services Secretary will establish a mechanism through which American patients can buy their medicines directly from the manufacturers who sell Americans at the price of a” most comfortable people “, bypassing mediators,” added the White House. “If medication manufacturers do not offer the prices of the nations of the nation, the command directs the secretary for health and human services: (1) proposes rules that impose the prices of the smallest nations; and (2) take other aggressive measures to significantly reduce the drug costs to US consumers and final anticipertification practices.
Secretary of Health and Human Services Robert F. Kennedy Jr. He said with Trump, “I never thought it would happen in my life.”
“I have a few children who are Democrats, there are big fans of Bernie Sanders. And when I told them it would happen, they had tears in their eyes. Since they thought, it would never happen,” he said. “And we finally have a president who is ready to advocate for the American people.”
Medicine bottles are driven by a belt at the pharmacy warehouse in Florence, New Jersey, in July 2018. (AP/Julio Cortez)
Trump said earlier this morning that drug prices would be “reduced by 59%”.
Pharmaceutical research and America manufacturers Trade Group opposes commands, saying: “This side of the first price scheme is a bad job for American patients.”
“The import of foreign prices will reduce billions of dollars from Medicare without guaranteeing to help patients or improve their medication,” said the Stephen UBL group president in a statement provided by Fox News Digital. “This will endanger hundreds of billions of our members planning to invest in America, which relies more on China for innovative drugs.”
President Donald Trump signs executive commands at the oval office of the White House in Washington, DC (Anna Moneymaker/Getty Images)
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“In order to lower the costs for Americans, we have to deal with the real reasons that American patients pay more for their medicines. We are the only country in the world that enables PBMS, insurers and hospitals to take 50% of every dollar spent on medication,” UBL said. “In fact, hospital tags in 340b and Raating and compensation paid to the US mediators often exceed the total drug costs. Giving more money to patients will reduce medicine costs and reduce the gap with European prices.”
Fox News Digital, Greg Wehner, contributed to this report.
