When Donald Trump spoke about drug prices on 19 December, he struck a familiar note. Countries like France, Germany and Japan, he argued, were piggybacking on the United States by keeping their drug prices low. Trump claimed he had told the French president that France would have to double or triple its drug prices – and that France would ultimately give in. Thanks to this tough approach, Trump promised to cut US drug prices “by 700%”, a figure so nonsensical it barely merits scrutiny. Drug prices are eye-wateringly high.

Source: The Guardian December 24, 2025 14:00 UTC