President Trump announced plans Sunday to drastically reduce US prescription drug prices by 30 to 80 percent, aiming to sign an executive order implementing a "MOST FAVOURED NATION'S" policy on Monday. This policy would tie US drug prices to the lowest prices paid by other nations, potentially raising costs elsewhere. Trump asserted this would bring "FAIRNESS TO AMERICA." The White House did not immediately provide details. This initiative follows previous attempts by Trump to lower drug costs, which faced strong pharmaceutical industry opposition. Last month, he signed an order to give states more bargaining power for drug purchases abroad.
