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Trump signs executive order to lower drug costs

Name: Trump signs executive order to lower drug costs
Uploaded: 2025-05-12T15:02:00Z
Description: President Donald Trump on Monday signed an executive order that will aim to lower the cost the U.S. pays for some drugs and pharmaceuticals. Trump’s order takes a so-called "most favored nation" approach to Medicare drug pricing. According to the Associated Press, it sets a 30-day deadline for the health department to broker new price tags for drugs.

President Donald Trump on Monday signed an executive order that will aim to lower the cost the U.S. pays for some drugs and pharmaceuticals. Trump’s order takes a so-called "most favored nation" approach to Medicare drug pricing. According to the Associated Press, it sets a 30-day deadline for the health department to broker new price tags for drugs.

Posted May 12, 2025 8:02am MST

Trump signs executive order to lower drug costs

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