Trump indicators government order aiming to decrease US drug prices

President Donald Trump signed a sweeping government order Monday morning that guarantees to crack down on “unreasonable and discriminatory practices” by overseas international locations that lead to Americans paying far increased costs for prescribed drugs, a White House official stated.

The multifaceted directive, which can probably be challenged in courtroom, takes purpose at different governments’ negotiations with pharmaceutical corporations that drastically cut back the costs of many medication of their international locations. While US presidents and lawmakers have lengthy decried the follow, they’ve usually shied away from taking broad motion consistent with America’s free market philosophy.

“Starting today, the United States will no longer subsidize the health care of foreign countries, which is what we were doing,” Trump stated in a press convention earlier than signing the order. #CNN #News