President Trump announced he will sign an important Executive Order to reduce drug prices by 30% to 80%, implementing the "Most Favored Nation" policy to ensure the U.S. pays the lowest prices globally, thus helping to save trillions of dollars and reduce healthcare costs for the people.
He criticized the high prescription drug costs in the U.S., pointing out that the same medication in the U.S. is often 5–10 times more expensive than in other countries.
He blamed pharmaceutical companies and political corruption for driving up drug prices.