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Trump's Plan: Cut Prescription Drug Prices by 80%

5/18/2025

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Summary

Story summary

In a bold move, Donald Trump asserted he coined the term "equalize" while unveiling his ambitious plan to slash U.S. prescription drug prices by a staggering 80%. He signed an executive order mandating pharmaceutical companies to reduce prices within 30 days or face consequences, empowering the Department of Health and Human Services to negotiate prices based on lower international rates.

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Story summary

In a bold move, Donald Trump asserted he coined the term "equalize" while unveiling his ambitious plan to slash U.S. prescription drug prices by a staggering 80%. He signed an executive order mandating pharmaceutical companies to reduce prices within 30 days or face consequences, empowering the Department of Health and Human Services to negotiate prices based on lower international rates.