{"id":27608,"date":"2025-05-12T16:14:14","date_gmt":"2025-05-12T16:14:14","guid":{"rendered":"http:\/\/medexperts.pro\/?p=27608"},"modified":"2025-05-12T16:24:36","modified_gmt":"2025-05-12T16:24:36","slug":"trump-signs-executive-order-asking-companies-to-lower-drug-prices","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=27608","title":{"rendered":"Trump Signs Executive Order Asking Companies to Lower Drug Prices"},"content":{"rendered":"
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The president has long complained that the United States pays more for medicines than other wealthy countries. But he offered no clear legal authority to mandate lower prices.<\/p>\n

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President Trump on Monday signed an executive order<\/a> asking drugmakers to voluntarily reduce the prices of key medicines in the United States.<\/p>\n

But the order cites no obvious legal authority to mandate lower prices. The order said the administration would consider taking regulatory actions or importing drugs from other countries in the future if drugmakers do not comply.<\/p>\n

It was something of a win for the pharmaceutical industry, which had been bracing for a policy that would be much more damaging to its interests.<\/p>\n

On Sunday evening, Mr. Trump said in a Truth Social post<\/a> that he would link U.S. drug prices to those in peer countries under a \u201cmost favored nation\u201d pricing model, a policy he attempted unsuccessfully in his first term for a small set of drugs in Medicare. His executive order on Monday does not do that. Pharmaceutical stocks rose Monday morning on the news.<\/p>\n<\/div>\n<\/div>\n

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Mr. Trump\u2019s executive order came just hours after House Republicans offered an expansive set of health care policy changes<\/a> that would cut around $700 billion from Medicaid and the Obamacare marketplaces over a decade and would cause an estimated 8.6 million Americans to become uninsured. Congress declined to include any provisions to directly limit drug prices in that package.<\/p>\n

The executive order also called on federal agencies to investigate why European countries get lower prices and to push them to pay more. The Trump administration has limited leverage to drive up prices in Europe.<\/p>\n

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The president has long complained that the United States pays more for medicines than other wealthy countries. But he offered no clear legal authority to mandate lower prices.President Trump on Monday signed an executive order asking drugmakers to voluntarily reduce the prices of key medicines in the United States.But the order cites no obvious legal authority to mandate lower prices. The order said the administration would consider taking regulatory actions or importing drugs from other countries in the future if drugmakers do not comply.It was something of a win for the pharmaceutical industry, which had been bracing for a policy that would be much more damaging to its interests.On Sunday evening, Mr. Trump said in a Truth Social post that he would link U.S. drug prices to those in peer countries under a \u201cmost favored nation\u201d pricing model, a policy he attempted unsuccessfully in his first term for a small set of drugs in Medicare. His executive order on Monday does not do that. Pharmaceutical stocks rose Monday morning on the news.Mr. Trump\u2019s executive order came just hours after House Republicans offered an expansive set of health care policy changes that would cut around $700 billion from Medicaid and the Obamacare marketplaces over a decade and would cause an estimated 8.6 million Americans to become uninsured. Congress declined to include any provisions to directly limit drug prices in that package.The executive order also called on federal agencies to investigate why European countries get lower prices and to push them to pay more. The Trump administration has limited leverage to drive up prices in Europe.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":27610,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-27608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/27608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27608"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/27608\/revisions"}],"predecessor-version":[{"id":27611,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/27608\/revisions\/27611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/27610"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}