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highplainsdem

(57,325 posts) Sun May 11, 2025, 07:59 PM May 11

Trump to sign executive order to cut prices of medicine to match other countries [View all]

Source: Reuters

U.S. President Donald Trump said on Sunday he would sign an executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less.

In a post on Truth Social, Trump said he would sign the executive order on Monday morning to pursue what is known as "most favored nation" pricing or international reference pricing.

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"They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!" he said.

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The drugmakers expect the order to apply to a universe of drugs beyond those currently subject to negotiation under former President Joe Biden's Inflation Reduction Act.

-snip-

Read more: https://www.reuters.com/business/healthcare-pharmaceuticals/trump-sign-executive-order-reducing-prescription-drug-prices-2025-05-11/

He seems particularly happy about other countries' drug prices going up.

63 replies

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Trump to sign executive order to cut prices of medicine to match other countries [View all] highplainsdem May 11 OP

Full post. Expects nationalized medicine in other countries to pick up some of the difference underpants May 11 #1

Thanks! highplainsdem May 11 #6

New grift enid602 May 11 #30

That won't last long. Some well-placed 'donations' will put it in the memory hole. Norrrm May 11 #2

This could be another market manipulation, too. highplainsdem May 11 #5

THIS NotHardly May 11 #8

Well, he doesn't consider it "winning" unless he thinks it's at somebody else's expense. Beartracks May 11 #3

He's a sadist. highplainsdem May 11 #7

I think the net effect of this tariff scheme will be to strangle supply, not actually lower prices. . . . nt Bernardo de La Paz May 11 #4

I agree. Price controls cause supply shortages VMA131Marine May 11 #27

yeah, we have to stop looking at the term "executive order" NJCher May 12 #38

Does this mean the weekend negotiations with China weren't productive? Raven123 May 11 #9

Like Big Pharma will stand for THAT. 50 Shades Of Blue May 11 #10

More lies Jughead May 11 #11

Put this in homegirl May 11 #17

I wonder if he actually will try to executive order universal healthcare into existance SSJVegeta May 11 #29

Getting ready to post the same thing. Another CON JOB for the Markets. Bengus81 May 12 #59

dim's about to show the world--even the cult--how much power an EO DOESN'T have. nt Grokenstein May 11 #12

Big Pharma better open their checkbook for the felon. travelingthrulife May 11 #13

Except for companies which pay a nice big bribe. Irish_Dem May 11 #14

Is Trump's order aimed at Mark Cuban's Cost-Plus Pharma pricing? bucolic_frolic May 12 #54

Trump does nothing unless it benefits himself in some way. Irish_Dem May 12 #55

I doubt it will happen NewEnglandAutumn May 11 #15

similar words NJCher May 12 #39

He does not need an executive order bmichaelh May 11 #16

He's done and said several things this weekend that make me think the repukes know they are underwater in '26 Cheezoholic May 11 #18

Gotta get that jet off the front page . . . Journeyman May 11 #19

King Trump Smackdown2019 May 11 #20

He might as well write an EO to declare every day will be sunny and fair weather Bluetus May 11 #21

in a recent interview NJCher May 12 #40

Part of it is Trump's insanity and ego Bluetus May 12 #61

I'm confused by the Turd's fallacious logic. Tarzanrock May 11 #22

This EO is completely meaningless. It has no legal authority at all. But for sake of argument Bluetus May 11 #24

Say there, Crackpot Turd, just how are we "saving" ... Tarzanrock May 11 #23

That's easy: he did not say per year...or even per decade. In fact, he didn't give any timeframe. Ol Janx Spirit May 11 #25

I see this as a blame-shifting maneuver. He's going to say he did his part, and RockRaven May 11 #26

An Exexcutive Order can't change prices. James48 May 11 #28

in his dreams NJCher May 12 #41

I find it so hard to make sense of the world Trump lives in. applegrove May 12 #31

you might be interested in what the Canadian expert said NJCher May 12 #42

Drug prices will continue to go up. Tarzanrock May 12 #32

Nice idea for generic drugs Warpy May 12 #33

I would interpret this more along the lines of NJCher May 12 #43

Congratulations on your 40,000 post milestone. niyad May 12 #62

Thank you! NJCher May 12 #63

If you think that you are being "ripped" off by the pharmaceutical industries and by the insurance industries ... Tarzanrock May 12 #34

DONNIE! REALITY DOESNT WORK THIS WAY! flying rabbit May 12 #35

Here come major drug shortages Akakoji May 12 #36

Yeah right. The gop (let alone maga) only do things to make themselves and their criminal friends money. C Moon May 12 #37

As useful as Michael Scott declaring bankruptcy. FiveFifteen May 12 #44

Clueless Botany May 12 #45

If other countries drug prices go up, depending how high they go up, based on his proposal, our prices will be JohnSJ May 12 #47

Other nations make pharmaceuticals too and what those manufacturers and other nations Botany May 12 #48

Yes they do, and it is even more complicated because many of the U.S. pharmaceutical companies have partnerships or JohnSJ May 12 #50

One of the reasons our prescription drugs cost so much is that we (I think) are the only ... Botany May 12 #60

First, this has to be approved by Congress. His executive order won't do diddly. Second, he has said he will be JohnSJ May 12 #46

Which will have absolutely nothing to do with the price of drugs. Scrivener7 May 12 #49

Dems messaging is horrible gab13by13 May 12 #51

Yes but now we have pharma without research b/c government funding is neutered. bucolic_frolic May 12 #52

Saw this on Raw Story gab13by13 May 12 #53

More lip service k_buddy762 May 12 #56

He doesn't have the authority to do it without congress. The companies will take him to court and win. everyonematters May 12 #57

Is the the EO that the Republican congress going to rebel on? LiberalArkie May 12 #58