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Trump Announces Historic 400-600% Drug Price Reductions

12/18/2025

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Story summary
  • In a prime-time address on December 17, 2025, U.S. President Donald Trump said he negotiated with drug companies and foreign nations to lower drug prices by 400 to 600%.
  • He stated, 'I’m doing what no politician of either party has ever done — standing up to the special interests to dramatically reduce prescription drug prices.'
  • The address was broadcast from the White House, highlighting his commitment to tackling pharmaceutical costs.