Trump Vows to Slash Drug Prices with New Executive Order

[dinsdale]

12 minutes ago, stevenl said:

Populist centrist? Populist extremely right wing. State controlled, like fascism.

Makes you wonder why so many ex democrat voters voted for him. Maybe they saw his policies such as closing down the open borders as a good one. One could say it was POPULAR.

[stevenl]

3 minutes ago, dinsdale said:

Makes you wonder why so many ex democrat voters voted for him. Maybe they saw his policies such as closing down the open borders as a good one. One could say it was POPULAR.

Nothing to do with state controlled pricing.

[dinsdale]

11 minutes ago, stevenl said:

Nothing to do with state controlled pricing.

Plenty of countries around the world that regulate pharmaceutical prices. Are you saying they're all fascist, state controlled countries?

[FolkGuitar]

1 hour ago, impulse said:

 

Keep at it.  Unhinged is what got Trump elected.  It'll also get Vance elected in 2028.

 

 

So long as uneducated Americans keep voting for criminals, yes... that may happen.
With more than half of the American voters having no more than an 11yr old reading/comprehension level so that they don't understand what's happening to them right now (soon, their wallets will alert them to the problem) America will continue to crumble while the rest of the world watches in horror and disbelief!

[stevenl]

38 minutes ago, dinsdale said:

Plenty of countries around the world that regulate pharmaceutical prices. Are you saying they're all fascist, state controlled countries?

I think a government should regulate medicine prices. 
Nice deflection though, I replied to  this post of yours/
 

Quote

Makes you wonder why so many ex democrat voters voted for him. Maybe they saw his policies such as closing down the open borders as a good one. One could say it was POPULAR.

 

[dinsdale]

14 minutes ago, stevenl said:

I think a government should regulate medicine prices. 
Nice deflection though, I replied to  this post of yours/
 

 

 

As I was replying to your post crying fascism. Wanting to bring down the price of pharmaceuticals is not "like fascism" as you commented and as for "state controlled" as pointed out regulating pharmaceutical prices by the state is common practice.

[Eric Loh]

1 hour ago, impulse said:

 

When did Trump undermine and underfund the act?  In his first 100 days?  I'm genuinely curious.

 

On his first day. Don’t think it is curiosity but blind fealty. 

[billd766]

5 hours ago, Social Media said:

 

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

 

 

And on Tuesday his mind will be changed, and probably more times later in the week. However, as Trump is not the leader of the world, despite what he believes, I doubt that the prices of drugs worldwide will be affected.

 

Drug prices in the USA may get lowered until the big Pharma lobbyists get going and change his mind, I really don't expect that much will change.

[BangkokReady]

6 hours ago, save the frogs said:

6 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."

 

Probably something like this:

 

"According to the model of the five stages of grief, or the Kübler-Ross model, those experiencing sudden grief following an abrupt realization (shock) go through five emotions: denial, anger, bargaining, depression, and acceptance."

[candide]

7 hours ago, dinsdale said:

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

Why? If it's implemented and it works, that's great! In particular for people who need Insulin and have been ransomed for years.

 

What does the GOP think about it? GOP congressmen have not been too eager to cap drug prices.

[jerrymahoney]

Fact Sheet: President Donald J. Trump Announces Actions to Lower Prescription Drug Prices
The White House
April 15, 2025

 

LOWERING PRESCRIPTION DRUG PRICES: Today, President Donald J. Trump signed an Executive Order to expand on the historic efforts of his first term to lower prescription drug prices.

 

The Order directs the Department of Health and Human Services to take steps to significantly reduce drug prices for American patients.

 

https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-announces-actions-to-lower-prescription-drug-prices/

 

********************

 

Mass layoffs begin at HHS, some employees turned away after showing up to work
The cuts are expected to have far-reaching impacts on public health

April 2, 2025, 6:50 AM

 

The layoffs are expected to impact 3,500 employees at the Food and Drug Administration and 2,400 employees from the Centers for Disease Control and Prevention -- nearly one-fifth of the workforce at both public health divisions, which fall under HHS.

 

https://abcnews.go.com/Politics/mass-layoffs-begin-hhs-reaching-impacts-public-health/story

[stevenl]

7 hours ago, dinsdale said:

 

As I was replying to your post crying fascism. Wanting to bring down the price of pharmaceuticals is not "like fascism" as you commented and as for "state controlled" as pointed out regulating pharmaceutical prices by the state is common practice.

"As I was replying to your post crying fascism".

You were not quoting that post but a different one. And now you're taking that post out of context.

[scorecard]

13 hours ago, pomchop said:

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.

 

In other words, more vote buying.

[Patong2021]

15 hours ago, dinsdale said:

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

 

An executive order cannot compel  a business to sell  its product at a lower price. That's the issue. The  US federal government can say it will only purchase at a certain price, but the suppliers cannot be forced to sell by this order. And what everyone misses is that it is the  distributors and retailers who increase the cost of the drugs. There is a quasi monopoly in the USA with a small number of mega logistics companies controlling distribution. They also have their own  generic brands. They are not being told to reduce their markups. The pharmacies add dispensing fees in addition to their retail mark up. In many cases it is more expensive to obtain a prescription for  basic drugs than it is to purchase off the shelf if an OTC. Classic example is the daily dose of aspirin.