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Trump Orders 59-90% Drug Price Cuts Amid Risks

5/15/2025

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Trump's Drug Price Initiative

President Trump has tasked Health Secretary Robert Kennedy with slashing U.S. drug prices by an ambitious 59-90%, covering Medicare, Medicaid, and private insurance. If negotiations falter, a "most favored nation" model will kick in. However, experts caution that this bold move could provoke the pharmaceutical industry, jeopardizing investments and access to essential medications.

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Kennedy Challenges Drug Pricing

Health Secretary Robert F. Kennedy Jr. has taken a bold stance against Europe's prescription drug pricing, arguing it forces patients to seek treatment in the U.S. He condemned the practice of restricting drug availability for lower prices as a form of price fixing, insisting that American consumers are unfairly footing the bill for this system, resulting in soaring domestic costs.

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Trump's Drug Price Initiative

President Trump has tasked Health Secretary Robert Kennedy with slashing U.S. drug prices by an ambitious 59-90%, covering Medicare, Medicaid, and private insurance. If negotiations falter, a "most favored nation" model will kick in. However, experts caution that this bold move could provoke the pharmaceutical industry, jeopardizing investments and access to essential medications.

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