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Story summary
- During the 2026 State of the Union, U.S. President Donald Trump claimed most-favored-nation agreements would reduce prescription drug prices and yield the lowest prices worldwide.
- Experts note prices do not change instantly from executive orders.
- Trump said there were 16 agreements with pharmaceutical companies to lower prices, but many raised prices.
- Critics say the Department of Health and Human Services lacks authority to enforce price controls on private pharmaceutical sales.
