1 month ago
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(NewsNation) — President Donald Trump and Health Secretary Robert F. Kennedy Jr. are scheduled to talk minutes aft Trump is expected to motion an executive bid connected medicine cause prices successful the United States.
The brace volition clasp a quality league astatine the White House astatine 9:30 a.m. EDT, per the president's official schedule.
Trump said connected societal media Sunday helium plans to motion an enforcement bid astatine 9 a.m. EDT regarding drug prices, calling the bid "one of the astir consequential" successful U.S. history. On Monday, Trump specified a terms chopped of astatine slightest 59%.
Trump promised the bid would run nether a “most favored nation” policy, allowing the U.S. to "pay the aforesaid terms arsenic the Nation that pays the lowest terms anyplace successful the World.”
“Prescription Drug and Pharmaceutical prices volition beryllium REDUCED, astir immediately, by 30% to 80%. They volition emergence passim the World successful bid to equalize and, for the archetypal clip successful galore years, bring FAIRNESS TO AMERICA!” Trump said connected societal media.
His connection would apt lone interaction definite drugs covered by Medicare and fixed successful a wellness attraction bureau — deliberation infusions that dainty cancer, and different injectables, the Associated Press reported.
The contiguous effect from the pharmaceutical manufacture included backlash astir Trump's program to "equalize" the medicine playing field.
PhRMA president and CEO Stephen J. Ubl said the "Foreign First Pricing strategy is simply a atrocious woody for American patients," according to NewsNation spouse The Hill.
"Importing overseas prices will chopped billions of dollars from Medicare, with nary warrant that it helps patients oregon improves their entree to medicines. It jeopardizes the hundreds of billions our subordinate companies are readying to put successful America, making america much reliant on China for innovative medicines,” Ubl said.
Similar protests followed Trump's 2020 effort to bash the same. Industry leaders argued his methods would springiness overseas governments an precocious manus successful deciding however overmuch radical wage successful the U.S.
