President Donald Trump declared he unraveled a “very complex chain of events” that made prescription drug prices in the United States the highest in the world.
During an interview with Fox News’s Sean Hannity that aired on Tuesday evening, Trump spoke about a sweeping executive order he signed on Monday that promised to lower prescription drug prices by between 59% and 90%. The order proposed that the U.S. be given Most Favored Nation status – meaning drug companies would be asked to align prices for medications sold in the U.S. to prices consumers pay in other countries. The order will target drugs covered by Medicaid, private insurance, and Medicare.
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