Trump announced today (Beijing time, May 12) a new healthcare reform in the United States, aiming to cut the prices of prescription drugs by 30% to 80%.
Trump wrote: “For years, the world has been wondering why the prices of prescription drugs and medicines in the United States are so much higher than in any other country, sometimes even five to ten times more expensive than the same drugs produced by the same company in the same laboratory or factory? This has always been difficult to explain and very embarrassing, as there is, in fact, no correct or justifiable answer. For years, pharmaceutical companies have claimed that this is due to research and development costs, and all these costs have been unfairly borne by those 'fools' in the United States. Campaign donations can indeed work wonders, but not for me, and not for the Republican Party. We need to do the right thing, which is something the Democratic Party has been fighting for for years. Therefore, I am pleased to announce that tomorrow morning at 9 a.m., I will sign one of the most important executive orders in our nation's history at the White House. The prices of prescription drugs and medicines will be almost immediately reduced by 30% to 80%. The prices of medicines worldwide will also be adjusted upward to achieve parity, bringing fairness to the United States for the first time in years! I will implement a Most-Favored-Nation policy, meaning that the price paid by the United States will be the same as the lowest prices paid by any country in the world. Our nation will finally be treated fairly, and the medical costs for our citizens will be reduced to an unprecedented degree. Moreover, most importantly, the United States will save trillions of dollars. Thank you for your attention to this. Let us make America great again!”
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