In signing an executive order aimed at reducing U.S. drug prices, President Donald Trump said some prices would be cut in half or more “almost immediately.” But the order is light on details of how the plan would be implemented.
Issues: drug prices
Trump Order Didn’t Reverse All of Biden’s Measures to Lower Drug Costs
President Donald Trump rescinded an executive order issued by former President Joe Biden aimed at finding new models for lowering drug costs. Trump’s action didn’t affect the caps on seniors’ drug costs or Medicare price negotiations that Biden signed into law. But social media posts have wrongly claimed otherwise.