Evergreen Youth Secrets
  • Health News
  • Health Care
  • Staying Healthy
  • Beauty Advices
  • Health News
  • Health Care
  • Staying Healthy
  • Beauty Advices
No Result
View All Result
Evergreen Youth Secrets
No Result
View All Result
Home Health Care

Trump predicts drug prices will ‘drop like a rock’ after new executive order

by
May 22, 2025
in Health Care
0
Trump predicts drug prices will ‘drop like a rock’ after new executive order

President Trump on Thursday claimed his recent “most favored nation” executive order could cause U.S. drug prices to “drop like a rock” in just a matter of weeks, saying the savings will be “incalculable.”

In a briefing to discuss the newly released Make America Healthy Again Commission’s report on children’s health, Trump ended the event by talking about the executive order he signed last week aimed at slashing prescription drug prices.

Trump shifted much of the blame for sky-high drug prices to other countries, saying they’re “a lot more vicious than us in terms of their representatives,” and he claimed the U.S. has been subsidizing the low cost of drugs in other nations.

“We are going to now get a reduction in drug costs of up to 89 percent in some cases, but 50 percent would be a low, a bad number,” Trump said. “It’s going to be massive numbers. It’s going to be incredible for Medicaid, incredible for all forms of health care. Medicare is going to be — it’s going to have a huge impact, so big that nobody can calculate it.”

Trump’s “most favored nation” policy laid out in his executive order aims to allow the U.S. to pay for prescription drugs at the same price as “the Nation that pays the lowest price anywhere in the World.” 

The executive order directs the Department of Commerce and U.S. Trade Representative Jamieson Greer to take “all appropriate action” against “unreasonable and discriminatory” policies in foreign countries that suppress drug prices abroad, according to a White House official.

It also directs Health and Human Services Secretary Robert F. Kennedy Jr. to set “clear targets” for prescription drug and pharmaceutical price reductions within 30 days. This will set off a round of negotiations with drug companies and if nothing results from those talks, then Kennedy is authorized to impose “most favored nation” pricing.

“You can have, within a period of weeks, you can have drug costs that drop like a rock,” Trump said Thursday.

Addressing both Kennedy and Centers for Medicare and Medicaid Services Administrator Mehmet Oz, Trump added, “OK, so you as a group, I have great confidence. And if you don’t do it, I am firing every single one. Good luck, guys.”

Pharmaceutical and biomedical trade groups have decried the order, including the Biotechnology Innovation Organization (BIO). It sued the Trump administration in 2020 when it attempted to enact a similar executive order. The group successfully blocked the order from being implemented.

“Most favored nation is a deeply flawed proposal that would devastate our nation’s small- and mid-size biotech companies – the very companies that are the leading drivers of medical innovation in the United States and the cornerstone of America’s biotechnology leadership,” John F. Crowley, BIO’s president and CEO, said in a statement.

Previous Post

Tips for staying alive, decades in the making

Next Post

Trump says autism ‘has to be artificially induced’

Next Post
Trump says autism ‘has to be artificially induced’

Trump says autism ‘has to be artificially induced’

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

    Popular News

    Spanberger hits Earle-Sears over health care, education in new ad

    Spanberger hits Earle-Sears over health care, education in new ad

    September 22, 2025
    Trump administration halts government hunger report

    Trump administration halts government hunger report

    September 22, 2025
    Former acting CDC director says he ‘can’t look to’ center for trusted info 

    Former acting CDC director says he ‘can’t look to’ center for trusted info 

    September 21, 2025

    Trending

    Travelers and health-care providers should be on alert due to Ebola disease outbreak in Uganda, CDC warns

    Travelers and health-care providers should be on alert due to Ebola disease outbreak in Uganda, CDC warns

    February 7, 2025
    RFK Jr. says he won’t ‘take away anybody’s vaccines’ after Trump win

    RFK Jr. says he won’t ‘take away anybody’s vaccines’ after Trump win

    November 6, 2024
    Biden’s HHS Secretary condemns Trump admin: ‘This is how public health collapses’

    Biden’s HHS Secretary condemns Trump admin: ‘This is how public health collapses’

    June 5, 2025
    FDA upgrades blueberry recall to highest risk level

    FDA upgrades blueberry recall to highest risk level

    July 3, 2025

    Recent News

    Spanberger hits Earle-Sears over health care, education in new ad

    Spanberger hits Earle-Sears over health care, education in new ad

    September 22, 2025
    Trump administration halts government hunger report

    Trump administration halts government hunger report

    September 22, 2025

    Popular News

    • Spanberger hits Earle-Sears over health care, education in new ad
    • Trump administration halts government hunger report

    About Evergreen Youth Secrets

    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Copyright © 2025 Evergreenyouthsecrets.com. All Rights Reserved.

    No Result
    View All Result
    • Health News
    • Health Care
    • Staying Healthy
    • Beauty Advices

    Copyright © 2025 Evergreenyouthsecrets.com. All Rights Reserved.