POLITICS

Trump announces deal with Pfizer to lower drug prices, including 'TrumpRx' website

President Trump announced a deal with Pfizer to lower drug prices for Medicaid patients, including a new "TrumpRx" website for direct-to-consumer sales with discounts up to 85%. This agreement provides Pfizer a three-year tariff grace period. However, experts express skepticism about the deal's impact on average consumers, suggesting direct sales may require out-of-pocket payments and that broader administration policies, like tariffs, could increase overall costs.

Reviewed by JQJO team

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