Trump Targets Drug Prices with Executive Order
President Donald Trump has announced plans to sign an executive order on Monday, May 12, 2025, aiming to significantly lower prescription drug prices in the U.S. by 30% to 80%. This order proposes aligning U.S. drug prices with the lowest prices paid by other wealthy nations, revisiting a policy approach known as the Most-Favored-Nation model which faced legal challenges during his first term.