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Trump in new push to lower drug prices

U.S. President Donald Trump announced on Sunday that he plans to sign an executive order to lower the cost of prescription drugs to the same levels paid in other wealthy countries — something he claims could reduce prices by 30 to 80 percent.

U.S. President Donald Trump said he aims to cut prescription drug prices by 59 percent, but offered no details ahead of a health-related event at the White House on Monday. 

On Sunday, he announced plans in a post on Truth Social, to sign an executive order pursuing “most favored nation” pricing, also known as international reference pricing.

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