President Trump takes action against Drug Companies
President Trump just sent a letter 𝐝𝐞𝐦𝐚𝐧𝐝𝐢𝐧𝐠 the top drug companies in this nation lower drug prices or “we will deploy every tool in our arsenal to protect American families from continued abusive drug pricing practices.”Karoline mentioned the drug companies have been asking for subsidies to lower prices but the admin refused. We pay 3 times what any other country pays and it’s time that changed.
He gave drugmakers 60 days to commit to four demands: extend “most-favored-nation” pricing to Medicaid, guarantee it for all new drugs, reinvest foreign profits into U.S. patients, and allow direct purchasing at those lower rates.
Trump said Health Secretary Robert F. Kennedy Jr. and Medicare chief Dr. Mehmet Oz are ready to implement these measures and called for companies to engage with them “immediately in good faith.”
“If you refuse to step up, we’ll use every tool we have to stop this abuse,” Trump warned. “This is a vital national priority — and Americans need relief now.”
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