by Emmitt Barry, Worthy News Correspondent
(Worthy News) – President Donald Trump announced plans to sign an executive order Monday to slash U.S. drug prices by 30% to 80% through a “Most Favored Nation” policy.
“I will be signing one of the most consequential Executive Orders in our Country’s history,” Trump posted on Truth Social. “Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%.”
The policy would require the U.S. to pay the same price for drugs as the lowest rate offered in other countries. “For the first time in many years, bring fairness to America!” he wrote.
The America First Policy Institute (AFPI) said the move would force drugmakers to either raise prices globally or cut U.S. rates. AFPI added that the policy could pressure other countries to contribute more to pharmaceutical research.
A similar plan in 2020, aimed at tying Medicare Part B drug prices to international rates, was blocked by a federal judge after pharmaceutical companies sued.
Trump will sign the order at 9:00 A.M. Monday at the White House.
Copyright 1999-2025 Worthy News. This article was originally published on Worthy News and was reproduced with permission.
More Worthy News
The Israel Defense Forces (IDF) issued an urgent evacuation warning Sunday to residents of Houthi-controlled ports in Yemen, hours before multiple airstrikes reportedly targeted Ras Isa, Hodeidah, and Salif.
President Donald Trump announced plans to sign an executive order Monday to slash U.S. drug prices by 30% to 80% through a “Most Favored Nation” policy.
Nuclear talks between Iran and the United States concluded on Sunday with no breakthrough, as both sides remained entrenched in their positions over uranium enrichment. However, they confirmed plans for further negotiations in the near future.
President Donald Trump announced a temporary ceasefire Saturday morning between India and Pakistan after days of military fighting in the neighboring nations.
An earthquake of at least 6 magnitude hit the northern part of Indonesia’s Sumatra island Sunday, and Christians living there told Worthy News they could feel the impact in their home.
Newly elected Pope Leo XIV called for a just and lasting peace in Ukraine just hours after Ukraine and Russia seemed to open their doors slightly to direct peace talks.
Pakistani Christians on Sunday urged nuclear-armed neighbors Pakistan and India to immediately end their fighting as clashes rapidly escalated hours after a U.S.-brokered ceasefire was supposed to come into effect.