President Trump Announces Executive Order to Equalize Prescription Drug Prices

President Donald J. Trump has unveiled a groundbreaking executive order aimed at reducing prescription drug costs for Americans by implementing a “Most-Favored Nation” pricing policy. Under this new plan, the United States will pay the same price for pharmaceuticals as the lowest price paid by any other developed nation.

Speaking at a press conference alongside Health and Human Services Secretary Robert F. Kennedy Jr., President Trump emphasized that this initiative will bring “fairness to America” by ensuring that U.S. consumers no longer bear the burden of disproportionately high drug prices.

Highlights of the Executive Order:

– Prescription drug prices in the U.S. will be reduced by 30% to 80% almost immediately.- The policy will tie U.S. drug costs to the lowest price paid by other developed nations.

– Pharmaceutical companies will be required to offer direct sales to American consumers at the most-favored-nation price, bypassing middlemen.

– The administration will take aggressive measures to enforce compliance and prevent price manipulation.

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— Donald J. Trump (@realDonaldTrump) May 12, 2025