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Trump's Drug Price Claims Debunked by Experts

8/4/2025

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Summary

Story summary

President Trump inaccurately claimed drug prices dropped by up to 1,500 percent.
Experts, including Harvard professors, labeled his statements as misleading and nonsensical.
The White House admitted drug prices are still high and proposed measures for reduction.
Trump's letters to pharmaceutical companies set a 60-day deadline for pricing proposals.

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Story summary

President Trump inaccurately claimed drug prices dropped by up to 1,500 percent.
Experts, including Harvard professors, labeled his statements as misleading and nonsensical.
The White House admitted drug prices are still high and proposed measures for reduction.
Trump's letters to pharmaceutical companies set a 60-day deadline for pricing proposals.