Trump is right to rebalance global drug prices

Published April 19, 2026 8:00am ET



Americans pay the highest prices in the world for brand-name prescription drugs. Patients in other wealthy countries, meanwhile, pay far less for the exact same treatments. Their government-run health systems bully drug companies into offering huge discounts, and then the United States is left subsidizing drug costs for the rest of the world.

The Trump administration is working to end this extortion

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