Trump Vows to Slash Drug Prices with New Executive Order

 

President Donald Trump announced that he would be signing a new executive order aimed at dramatically reducing the cost of prescription drugs in the United States. According to Trump, the directive is designed to lower pharmaceutical prices by as much as 30% to 80%, marking a significant push to make medication more affordable for Americans.

 

Trump made the announcement on his social media platform, Truth Social, declaring that the executive order would be signed Monday morning. “They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!” he wrote. The message highlighted his belief that the United States has long paid unfairly high prices for prescription drugs compared to other countries.

 

The central component of Trump’s proposed policy is what he referred to as the “Most Favored Nation’s Policy.” He explained, “I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World.” This means that under the new framework, the U.S. would base its pharmaceutical pricing on the lowest rate paid by any other country, potentially saving consumers and the federal government billions of dollars.

 

This type of policy, long discussed in Washington, has historically met resistance from pharmaceutical companies and lobbying groups that argue it could stifle innovation and lead to supply chain complications. However, Trump has repeatedly positioned himself as a disruptor of the status quo, particularly in the healthcare sector, and sees this initiative as part of his broader agenda to challenge high medical costs and restore what he calls fairness to American consumers.

 

While details of the order have yet to be fully disclosed, Trump’s message suggests a sweeping effort to transform how the U.S. negotiates and pays for prescription medications. The announcement also reignites a debate about international pricing disparities and the role of government intervention in the pharmaceutical industry.

 

 

  Adapted by ASEAN Now from Reuters  2025-05-12

 

 

I guess this will be seen as a bad thing by the usual suspects on here.

2 minutes ago, dinsdale said:

I guess this will be seen as a bad thing by the usual suspects on here.

I think it would be great if it bears fruit rite now it’s just hot air obviously any lucid human would take trumps utterance with a healthy dose of skepticism.id also be curious as to what big farma thinks about it.

Maybe the only bad thing is that he isn't 'former'.

11 hours ago, dinsdale said:

I guess this will be seen as a bad thing by the usual suspects on here.

 

Yeah, let's see how creative they are in putting a negative spin on this.

 

Or ... they will hide completely because it causes too much cognitive dissonance with their narrative that Trump is "an unhinged madman dictator and felon and rapist who only cares about lining his own pockets and plays golf 24/7." 

 

2 minutes ago, Tug said:

id also be curious as to what big farma thinks about it

Fairly sure they won't be happy as it will cut into their trillions of dollars of profit. Fairly sure also the average person dependent on over priced pharmaceuticals will be happy.

3 minutes ago, save the frogs said:

 

Yeah, let's see how creative they are in putting a negative spin on this.

 

Or ... they will hide completely because it causes too much cognitive dissonance with their narrative that Trump is "an unhinged madman dictator and felon and rapist who only cares about lining his own pockets and plays golf 24/7." 

 

Rite now it’s just (this) let’s see if it succeeds in lowering prices 

11 hours ago, Social Media said:

The message highlighted his belief that the United States has long paid unfairly high prices for prescription drugs compared to other countries.

 

Yes, for greedy capitalism run amuck look no further than Big Pharma in the US. 

 

11 hours ago, Tug said:

Rite now it’s just (this) let’s see if it succeeds in lowering prices 

He may have a lot of pushback.

 

The president doesn't necessarily have as much power as people think. As these massive corporations ie Big Pharma are also very powerful. 

 

Note from that Reuters article:

This is not the first time President Trump has tried to tie drug prices to what other countries pay. During Trump's first term, a court blocked a proposed international reference pricing program.

23 minutes ago, Tug said:

I think it would be great if it bears fruit rite now it’s just hot air obviously any lucid human would take trumps utterance with a healthy dose of skepticism.id also be curious as to what big farma thinks about it.

talk is cheap....

 

maybe he will require big pharm to give him a free jet and buy a billion or two of his cyber scam then all will be forgotten.

Political genius.  He'll sign the EO, the courts will stop him again, and he scores. 

 

It'll also re-open the discussion of the "Most Favorable Nation" concept, which is long overdue.  Americans should be allowed to order our prescriptions from overseas if Big Pharma wants to keep gouging us in the USA.  At the very least, gub'ment paid prescriptions should be sources from the least expensive source, even if that's not in the USA.

 

1 hour ago, dinsdale said:

I guess this will be seen as a bad thing by the usual suspects on here.

 

Cutting drug prices isn't bad.

The problem is the "executive" (same as president) is not a King and cannot just write and order and then make it become the law of the land. Executive orders cannot do things like establish regulation in business. Congress must get involved.

 

If any Trumpy's think the Prez can just do things like this with an executive order, somebody has really fooled them.

 

Executive orders do make law. They are used primarily to carry out things that the executive branch of government already have the power to do. It is by far NOT unlimited.

Would not beleive a word that comes out of that animals mouth,  No mention of the free plane yet.

 

1 hour ago, dinsdale said:

Fairly sure they won't be happy as it will cut into their trillions of dollars of profit. Fairly sure also the average person dependent on over priced pharmaceuticals will be happy.

 

An executive order cannot in one foul swoop, cut drug prices. Get real. Do you think Trump has unlimited power as president? He does not!

1 hour ago, Tug said:

.id also be curious as to what big farma thinks about it.

 

Why are you more concerned with Big Pharma than ordinary Americans being able to afford medication?

16 minutes ago, StandardIssue said:

 

 

An executive order cannot in one foul swoop, cut drug prices. Get real. Do you think Trump has unlimited power as president? He does not!

Executive orders do not need approval from Congress as they are not legislation. How or if Trump achieves this we'll have to wait and see.

7 minutes ago, JonnyF said:

 

Why are you more concerned with Big Pharma than ordinary Americans being able to afford medication?

He claims to be living in the US, which if true he must be detached from reality. Alot of those types in california

27 minutes ago, FolkGuitar said:

Prescription Drug Prices

• Trump announced a new executive order to tie U.S. Medicare drug payments to the lowest prices paid by other nations, reviving a previously unsuccessful effort.

• While this policy could theoretically lower some drug prices, there is no evidence yet that it has resulted in significant savings or lower out-of-pocket costs for most Americans.

 

He just signed it. 

 

The ink's not even dry and the lefty idiots are already claiming it hasn't resulted in significant savings.

2 minutes ago, dinsdale said:

You say plenty but don't back it up therefore your post is purely opinion.

 

Opinion, drivel

 

Potato, potato.

 

This would be great, but how does he force the drug manufacturers to lower their prices, by what mechanism?

So the company which makes a particular medicine is ordered to dramatically reduce its price.

 

What if they say no?

 

What if they all say no?

3 minutes ago, JAG said:

So the company which makes a particular medicine is ordered to dramatically reduce its price.

 

What if they say no?

 

What if they all say no?

 

Then we (Americans) should be allowed to order it from a different country where they sell the same medicine at a much lower price.

 

He has just realised how unpopular he is ,and is now doing something to try

and remedy the situation ....he will be doing this for himself , not the people.

 

 

regards worgeordie

50 minutes ago, impulse said:

At the very least, gub'ment paid prescriptions should be sources from the least expensive source, even if that's not in the USA.

Cheap drugs available on Soi 6.

A post using a derogatory nickname to belittle or mock individuals with differing political views and the replies have been removed.

Just now, jerrymahoney said:

Cheap drugs available on Soi 6.

 

True, but fake blue pills aren't the topic of discussion here.

 

No but the authenticity and expiration date of drugs sourced ex-USA will be.

2 minutes ago, jerrymahoney said:

No but the authenticity and expiration date of drugs sourced ex-USA will be.

 

Not if it's done properly.  More accurately, no riskier than the US supply chains, who have them made overseas anyway.  Then they sell the same Indian or Chinese made medicines at one price in Europe and a much higher price in the US.

 

I think you'll find that big pharma is making profits from drug sales regardless of where those drugs are being sold. The problem is that they are able to charge so much more in the US and get away with it. I doubt the reasoning for the higher prices in the US is to compensate for lower profits from overseas. Much more likely that they can get away with it in the US, so why not. Price gouging and perhaps more importantly abuse of the patent system resulting in the blocking of generics for much longer is rife and the number one reason for expensive prescription  med prices in the US. Big Pharma is evil.