Trump’s Big Announcement Shakes Up Asian Pharma Stocks
Donald Trump has made a major announcement about drug prices in the U.S.
He said he will sign a new order on Monday that could reduce the prices of prescription medicines by up to 80%.
This news caused panic in Asian stock markets — shares of big pharmaceutical companies dropped quickly.
Trump: “America Will Only Pay the Lowest Price”
Trump posted the news on Truth Social.
He said Americans will no longer be forced to pay high prices for medicines.
His new policy will make sure the U.S. pays the same low price as the cheapest country in the world for the same drug.
He also said this is something Democrats have promised for years but never did.
This time, he claimed drug company pressure won’t stop him.
Asian Pharma Stocks Drop Fast
Stock markets reacted immediately.
Japan’s Chugai Pharmaceutical lost 7.2% — its biggest drop in a month.
Other companies like Takeda, Daiichi Sankyo, Samsung Biologics, and Celltrion also saw shares fall by 3–5%.
Experts warn that if America cuts prices, other countries may also demand lower prices, reducing profits for drug companies.
This could also affect how much they invest in new medicines.
Trump: “America Won’t Pay for the World Anymore”
Trump criticized drug companies for saying high U.S. prices are needed to cover research costs.
He said it’s unfair for America to pay more so other countries can pay less.
He promised fair prices for Americans.
What’s Coming Next?
The full details of the executive order haven’t been shared yet.
Lawyers and lobbyists are already preparing to fight it in court.
Now everyone is waiting for Monday — to see if Trump’s plan will lead to a legal battle or real change for families who struggle to afford medicines.
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