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
Trump Mandates Major Drug Price Cuts with New Order
Donald Trump
  • 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.)

Give Feedback