President Donald Trump unveiled TrumpRx.gov, a new government-backed website aimed at giving Americans access to discounted prescription drugs. "Americans have long been paying the highest drug prices anywhere in the world, while other countries often paid pennies on the dollar for the exact same drugs," Trump said. He added that despite accounting for a small share of the global population, Americans bear a disproportionate share of drug costs. The initiative follows agreements between the Trump administration and 16 of the world’s largest pharmaceutical companies under so-called "most-favored-nation" pricing deals. The TrumpRx.gov displays discounted prescription drugs, showing users the percentage savings off the original price and generating a coupon for each medication.

Source: Fox News February 06, 2026 22:27 UTC