How Donald Trump plans to beat Big Pharma and cut drug costs by 80%: 'Going to pay the lowest price’

Donald Trump's executive order aims to drastically cut US prescription drug prices, aligning them with the lowest prices in developed nations. Pharmaceutical companies face a 30-day window to voluntarily comply or face potential regulatory actions. The order targets intermediaries and promotes drug importation from countries like Canada.

May 12, 2025 - 18:15
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How Donald Trump plans to beat Big Pharma and cut drug costs by 80%: 'Going to pay the lowest price’
Donald Trump's executive order aims to drastically cut US prescription drug prices, aligning them with the lowest prices in developed nations. Pharmaceutical companies face a 30-day window to voluntarily comply or face potential regulatory actions. The order targets intermediaries and promotes drug importation from countries like Canada.

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