Trump promises to reduce US drug prices to world’s lowest 0 SHARES Share it! Share TweetBy Agence France-PresseUS President Donald Trump on Friday said his administration is working on an executive order to reduce US drug prices to match the lowest in the world. “We’re working on a favored nations law where we pay whatever the lowest nation’s price is,” Trump told reporters from the White House South Lawn. The president accused pharmaceutical companies of having “taken advantage of the system for a long time,” with US drug prices often exceeding those in neighboring Canada and Mexico as well as Europe. Many have to pay the full drug price until they have spent their annual deductible amount.

Source: Manila Bulletin July 05, 2019 22:30 UTC