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Trump Orders Lower Prescription Drug Prices | JQJO

Trump Orders Lower Prescription Drug Prices

Trump Orders Lower Prescription Drug Prices

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President Trump issued an executive order aiming to lower prescription drug prices in the US. The order cites the high cost of drugs in the US compared to other developed nations, arguing that Americans are subsidizing lower prices elsewhere. It directs various agencies to negotiate lower prices with drug manufacturers, potentially using the 'most-favored-nation' pricing model. Failure to comply could result in further government action, including potential import regulations and antitrust lawsuits. The order aims to ensure fair pricing for American patients.

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