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Trump Signs Most-Favored-Nation Deals With Nine Pharma Firms
8/31/2026
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Trump Announces Pharma
- U.S. President Donald Trump announced on August 31 2026 that nine pharmaceutical companies entered most-favored-nation drug-pricing agreements with his administration.
- The announcement coincided with heightened U.S. economic pressure on Iran, raising concerns that ordinary Iranians could face increased hardship.
- U.S. Central Command reported strikes on two Iranian rocket launchers on Larak Island in the Strait of Hormuz.
- Brent crude rose 2.8% to $90.57 a barrel after the strikes.
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