Trump: Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 8

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Donald J. Trump

@realDonaldTrump

For many years the World has wondered why Prescription Drugs and Pharmaceuticals in the United States States of America were SO MUCH HIGHER IN PRICE THAN THEY WERE IN ANY OTHER NATION, SOMETIMES BEING FIVE TO TEN TIMES MORE EXPENSIVE THAN THE SAME DRUG, MANUFACTURED IN THE EXACT SAME LABORATORY OR PLANT, BY THE SAME COMPANY??? It was always difficult to explain and very embarrassing because, in fact, there was no correct or rightful answer. The Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that all of these costs were, and would be, for no reason whatsoever, borne by the “suckers” of America, ALONE. Campaign Contributions can do wonders, but not with me, and not with the Republican Party. We are going to do the right thing, something that the Democrats have fought for many years. Therefore, I am pleased to announce that Tomorrow morning, in the White House, at 9:00 A.M., I will be signing one of the most consequential Executive Orders in our Country’s history. Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%. They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA! I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World. Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before. Additionally, on top of everything else, the United States will save TRILLIONS OF DOLLARS. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!

[roamer_1]

Price fixing... Oh I cannot wait for all the explanations to try and defend this one. 

[Timber Rattler]

Hmmm...so now Trump's using yet another Executive Order to implement price controls over an entire industry?  Where does the Constitution say that he can do that?

And how well to price controls usually work out for the country?

 

[roamer_1]

It was predicted right here, btw... I don't remember who said it, but it was predicted.

[roamer_1]

This is why you never should go for a big government candidate. Big government problems get big government solutions.

And plenty of folks right here will be cheering for it.

[LMAO]

Biopharmaceutical innovation has played an important and undisputed role in improving patient health outcomes and quality of life. Yet the policy debate around U.S. health care spending has predominantly focused on curbing drug costs, such as through government price setting.

However, research shows that regulating drug prices will result in fewer medicines coming to market and is unlikely to help with patient affordability. This approach also ignores other drivers of U.S. health spending and undervalues the benefits that medicines bring to patients. 

https://www.npcnow.org/resources/innovation-matters-unintended-consequences-drug-pricing-regulation

[LMAO]

And plenty of folks right here will be cheering for it.

@roamer_1

Yup

[Wingnut]

Keep your powder dry Haters.

[LMAO]

Keep your powder dry Haters.

Why not try defending this instead?  We are not the ones proposing price controls

Enlighten us "haters" why you believe this proposal is a good idea

[Smokin Joe]

Well, why does a drug here cost 10X what it does elsewhere?

Hint: 72,058,701 people were enrolled in Medicaid.

Who pays for that? We all do.

[Free Vulcan]

The rest of the world puts heavy price controls on meds, so where does the pharma co's go to in order to make up the difference? Here.

Reciprocity and equalization needs to be applied here too.

[Right_in_Virginia]

The rest of the world puts heavy price controls on meds, so where does the pharma co's go to in order to make up the difference? Here.

Reciprocity and equalization needs to be applied here too.

 

[verga]

I realize that research and development costs money, and patents do have a expiration date, but some of these prices are outrageous. Don't even get me started on the difference between pet meds and human meds.

[Right_in_Virginia]

https://twitter.com/WarlordDilley/status/1921946794646286705

[Timber Rattler]

https://twitter.com/WarlordDilley/status/1921946794646286705

So trampling the Constitution just to enact price controls and deprive Democrats of potential corporate donor streams is A-OK among Conservatives now?

 

[Right_in_Virginia]

Easier to read with paragraphs....and this is worth reading----

Donald J. Trump
@realDonaldTrump

For many years the World has wondered why Prescription Drugs and Pharmaceuticals in the United States States of America were SO MUCH HIGHER IN PRICE THAN THEY WERE IN ANY OTHER NATION, SOMETIMES BEING FIVE TO TEN TIMES MORE EXPENSIVE THAN THE SAME DRUG, MANUFACTURED IN THE EXACT SAME LABORATORY OR PLANT, BY THE SAME COMPANY???

It was always difficult to explain and very embarrassing because, in fact, there was no correct or rightful answer. The Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that all of these costs were, and would be, for no reason whatsoever, borne by the “suckers” of America, ALONE.

Campaign Contributions can do wonders, but not with me, and not with the Republican Party. We are going to do the right thing, something that the Democrats have fought for many years.

Therefore, I am pleased to announce that Tomorrow morning, in the White House, at 9:00 A.M., I will be signing one of the most consequential Executive Orders in our Country’s history. Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%. They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!

I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World.  Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before. Additionally, on top of everything else, the United States will save TRILLIONS OF DOLLARS.

Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN6!

6:42 PM · May 11, 2025

[Right_in_Virginia]

So trampling the Constitution just to enact price controls and deprive Democrats of potential corporate donor streams is A-OK among Conservatives now?

This    is not price control.  The President is bringing reciprocity and equalization to the global pharmaceutical industry.

Therefore, I am pleased to announce that Tomorrow morning, in the White House, at 9:00 A.M., I will be signing one of the most consequential Executive Orders in our Country’s history. Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%. They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!

I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World.  Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before. Additionally, on top of everything else, the United States will save TRILLIONS OF DOLLARS.

[Timber Rattler]

This is not price control. 

 

[Free Vulcan]

So trampling the Constitution just to enact price controls and deprive Democrats of potential corporate donor streams is A-OK among Conservatives now?

 

Jesus can't swim!

[LMAO]

Just like candidate Harris’s “price gouging” scheme wasn’t really price controls either.

Guaranteed that this was coming from a Democrat, the red hat cult would be calling it price controls

[Free Vulcan]

Just like candidate Harris’s “price gouging” scheme wasn’t really price controls either.

Guaranteed that this was coming from a Democrat, the red hat cult would be calling it price controls

What part of 'every country pays the same amount' is confusing.

Or maybe you like foreign nations socialized health care.

[LMAO]

What part of 'every country pays the same amount' is confusing.

Or maybe you like foreign nations socialized health care.

When Trump won, I predicted that we’ll see many of his supporters defend him on things that they would never defend a Democrat on

Every time I sign on here that gets proven  every day… Lol


I guess its  true the further right one goes, they eventually become the left😆

If you’re for price controls on medication, then say so, but there’s a risk in doing such. Don’t claim that it’s not price controls just because Donald Trump says it’s not.

[bilo]

Well, why does a drug here cost 10X what it does elsewhere?

Hint: 72,058,701 people were enrolled in Medicaid.

Who pays for that? We all do.

Careful now, facts can be considered insulting by the TDS crowd.

[LMAO]

And plenty of folks right here will be cheering for it.

And it didn’t take long…

If Trump came out and declared that he was going to implement Cuban style healthcare, there would be more than a few here that would support it. I have no doubt.

[bilo]

The rest of the world puts heavy price controls on meds, so where does the pharma co's go to in order to make up the difference? Here.

Reciprocity and equalization needs to be applied here too.

 

If a system is in place where the USA subsidizes the drug prices for the rest of the world it should be ended. We can't be the world's piggy bank.

[bilo]

So trampling the Constitution just to enact price controls and deprive Democrats of potential corporate donor streams is A-OK among Conservatives now?

 

The fear mongering doesn't apply. What Pres. Trump is doing is not price controls. He is not mandating fixed prices across the board. What he is doing is telling the drug companies that the US govt. will only pay what they are charging other countries. The drug companies are free to sell their drugs on the private market for whatever they want. All be it the USA is their largest customer and as such should have been getting the best price all along.

[LMAO]

Careful now, facts can be considered insulting by the TDS crowd.

It is not a syndrome for people to question a government policy that I guarantee there would be a consensus in opposition if it was a democrat

[LMAO]

Price fixing... Oh I cannot wait for all the explanations to try and defend this one. 

It has been eye-opening and very instructive.

A  big part of the rising  healthcare costs is due to government intervention in healthcare

[Hoodat]

It was predicted right here, btw... I don't remember who said it, but it was predicted.

In other words, Conservatives were right.

[LMAO]

The drug companies are free to sell their drugs on the private market for whatever they want.

Maybe not



Should talks stall, Kennedy will move to enforce the “most favored nation” pricing model, capping the U.S. prices at the lowest rates paid by other wealthy nations.

Most notably, officials said the policy will not be limited to certain drugs under Medicare, as it was in original version, but will also target medications covered by Medicaid and private insurance.

https://www.nbcnews.com/news/amp/rcna206218


Yeah, despite the spin from some here, its price controls

[Hoodat]

Serious question:  When you invited Big Pharma to write the Obamacare bill, what did you expect would happen?  Big Pharma all colluded, came up with a list of drugs that Obamacare would mandate that insurance companies cover, and then jacked up the prices of those drugs.  At the time, Conservatives screamed that this would happen.  Yet 15 years later, Republicans still refuse to overthrow Obamacare.

As for price controls, get ready for shortages.  Because that is what price controls create.  It's what Democrats do.

[Hoodat]

The drug companies are free to sell their drugs on the private market^* for whatever they want.

Two problems here.  The first is that the private market has been vastly reduced from 300+ million customers down to less than a dozen.  So there isn't any competition at the consumer level.  Secondly, those handful of consumers (i.e. Big Insurance) really don't give a damn how much the pharmaceutical companies charge.  They get their own customers no matter what (thanks to federal government mandate), and they simply pass the cost on as part of their pricing.  If insurance is no longer mandatory, then insurance companies will begin losing customers.  At which point pharmaceutical pricing will begin to take on importance again.  And instead of government mandating that insurance companies have to cover Drug A or Drug B, insurance companies would be free to drop those drugs and cover less expensive alternatives instead.

Government is the problem here.  You want solutions?  Then the first thing you have to do is get government the hell out of the healthcare market.  It is what Conservatives have been telling you for decades.

[rustynail]

Won't low prices just encourage more drug use?

[Hoodat]

Won't low prices just encourage more drug use?

That's crazy talk.  Let's not bring 'human nature' into this conversation.

[bigheadfred]

Did anyone bother to figure out the scope and ramifications before the    started?

[Free Vulcan]

When Trump won, I predicted that we’ll see many of his supporters defend him on things that they would never defend a Democrat on

Every time I sign on here that gets proven  every day… Lol


I guess its  true the further right one goes, they eventually become the left😆

If you’re for price controls on medication, then say so, but there’s a risk in doing such. Don’t claim that it’s not price controls just because Donald Trump says it’s not.

So ironic because what you advocate is socialized health care price controls -- for foreign countries.

[DCPatriot]

Did anyone bother to figure out the scope and ramifications before the    started?

No...the house NTs cannot help themselves.

They sit and wait as they have since the Summer of 2015, for Donald Trump to stumble...make an 'error' so they can rush in with their "I TOLD YOU SO!"

They get enraged at the thought of President Trump making them appear the stupid morons they continue to show us all here everyday.

[LMAO]

So ironic because what you advocate is socialized health care price controls -- for foreign countries.

Every time you respond to me, you further prove my point 

Let’s not ask whether or not the government has the authority to do this, especially when it comes to private insurance or how it’s gonna be implemented or what the ramifications are besides the fact that it’s probably going to  be overturned by the courts so the argument is moot

You support it simply because Trump tells you to support it. The hell with any consequences.

If Trump is so willing to implement price controls when it comes to pharmaceuticals, it’s not out of the realm of possibilities that he’ll try to do it with things like eggs, groceries, as he already threatened the car companies early this year about raising their prices due to tariffs

[Hoodat]

Here's to 'price controls':








Conservatives warned you about it then.  And they're warning you about it now.

Want drug prices to go down?  Then get government the hell out of the way.

[LMAO]

No...the house NTs cannot help themselves.

They sit and wait as they have since the Summer of 2015, for Donald Trump to stumble...make an 'error' so they can rush in with their "I TOLD YOU SO!"

They get enraged at the thought of President Trump making them appear the stupid morons they continue to show us all here everyday.

Price controls are probably one of the poorest mechanisms to try to reduce costs. There are many instances in history where this is proven, but you choose to ignore it simply because it’s Donald Trump


It’s not the policy that’s the problem in your mind. It’s those of us who question it based on things like economics and history that are the problem.

[Hoodat]

No...the house NTs cannot help themselves.

They sit and wait as they have since the Summer of 2015, for Donald Trump to stumble...make an 'error' so they can rush in with their "I TOLD YOU SO!"

They get enraged at the thought of President Trump making them appear the stupid morons they continue to show us all here everyday.

Ah, the ATs have chimed in.

Economic laws don't change simply because some #AlwaysTrumper brings up Trump.  Just sayin'.

[bilo]

It is not a syndrome for people to question a government policy that I guarantee there would be a consensus in opposition if it was a democrat

You would be wrong.

Why is the USA subsidizing drug prices for the world?

BTW, this is not price controls, rather it is the largest buyer of a product seeking the best price. I don't know of any business that doesn't exert leverage based on the volume they purchase. Why should the USA do the opposite.

[Hoodat]

Price controls are probably one of the poorest mechanisms to try to reduce costs.

FACT !

[Hoodat]

Can anyone on this forum come up with a single example in human history where price controls worked?

[bilo]

Maybe not



Should talks stall, Kennedy will move to enforce the “most favored nation” pricing model, capping the U.S. prices at the lowest rates paid by other wealthy nations.

Most notably, officials said the policy will not be limited to certain drugs under Medicare, as it was in original version, but will also target medications covered by Medicaid and private insurance.
[/b]
https://www.nbcnews.com/news/amp/rcna206218


Yeah, despite the spin from some here, its price controls

The courts will probably stop the private insurance component without congressional legislation, but if not I'm okay with it.

[LMAO]

You would be wrong.

Why is the USA subsidizing drug prices for the world?

BTW, this is not price controls, rather it is the largest buyer of a product seeking the best price. I don't know of any business that doesn't exert leverage based on the volume they purchase. Why should the USA do the opposite.

Sigh

If prices do not come down quickly, the administration will look at various policy levers that can be used to force prices down, a White House official told reporters Monday. The mandate also calls for the Department of Health and Human Services to negotiate lower prices across all markets. If no progress is made, the agency will implement a rule to impose the “Most Favored Nation” cost for the drug, which would be the lowest price available among peer countries.


https://amp.cnn.com/cnn/2025/05/12/politics/trump-executive-order-prescription-drug-prices



You can redefine it anyway you want. But that is price controls.

[bilo]

Serious question:  When you invited Big Pharma to write the Obamacare bill, what did you expect would happen?  Big Pharma all colluded, came up with a list of drugs that Obamacare would mandate that insurance companies cover, and then jacked up the prices of those drugs.  At the time, Conservatives screamed that this would happen.  Yet 15 years later, Republicans still refuse to overthrow Obamacare.

As for price controls, get ready for shortages.  Because that is what price controls create.  It's what Democrats do.

I don't know, are there shortages in Europe?

[LMAO]

I don't know, are there shortages in Europe?

Yes

https://www.euronews.com/health/2025/03/11/which-critical-medicines-are-in-short-supply-in-the-european-union#:~:text=The%20drug%20shortages%20are%20the,increased%20demand%2C%20and%20other%20issues.&text=The%20European%20Union%20is%20in,“critical”%20for%20people's%20health.



And I work with somebody that has relatives in Switzerland and every time they go visit, they always ask them to bring Tylenol and ibuprofen and cold medicine because there’s a shortage of it there and it’s expensive

[Hoodat]

Sigh

If prices do not come down quickly, the administration will look at various policy levers that can be used to force prices down, a White House official told reporters Monday.

Remember back when they were selling us on Obamacare?  One of the reasons they gave is that it would bring down the price of pharmaceuticals.  Yet it has done the exact opposite.

If the administration wants to bring down prices, their best option is to remove 'government' from the equation.

[LMAO]

Can anyone on this forum come up with a single example in human history where price controls worked?

If the goal is to  stifle innovation, create shortages and raise prices, I suppose they work