Trump Mandates Major Drug Price Cuts with New Order
President Donald Trump announced a new executive order that aims to drastically reduce U.S. drug prices by 59% to 90%, aligning them with international rates. This directive pressures pharmaceutical companies to lower their pricing, potentially transforming the cost landscape for American consumers.
Devdiscourse News Desk | Washington DC | Updated: 12-05-2025 19:50 IST | Created: 12-05-2025 19:50 IST

- Country:
- United States
In a bold move to tackle high drug costs in America, President Donald Trump has signed a sweeping executive order aimed at dramatically reducing prescription prices.
The executive order mandates that U.S. drug prices should be slashed by up to 90% to match those in other countries.
This directive could significantly change the landscape for American consumers, applying pressure on pharmaceutical companies to reevaluate their pricing strategies.
(With inputs from agencies.)
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