'Trump To Sign Order To Cut Some U.S. Drug Prices To Match Those Abroad'

'Trump To Sign Order To Cut Some U.S. Drug Prices To Match Those Abroad' - CNBC

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Cardinal Health, Inc.

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Johnson & Johnson

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Eli Lilly and Company

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Moderna

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Pfizer Inc.

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https://www.cnbc.com/2025/05/12/trump-drug-pricing-order-most-favored-nation.html

President Donald Trump will revive a controversial policy that aims to slash drug costs by tying the amount the government pays for some medicines to lower prices abroad, White House officials said.
The order is a blow to the pharmaceutical industry, which is already bracing for Trump's planned tariffs on prescription drugs.
It is Trump's latest effort to try to rein in U.S. prescription drug prices, which are two to three times higher on average than those in other developed nations.

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