President Donald Trump is preparing to go to war with the pharmaceutical industry as the White House plans to unveil a sweeping plan to slash Medicare drug prices by linking them to lower costs abroad, according to a new report in Politico. Trump is expected to sign an executive order early next week directing his aids to pursue the “most favored nation” policy for a selection of drugs tied to the Medicare program,” the publication reported. “Should Trump go ahead with the order, it would represent a major confrontation between the White House and the deep-pocketed pharmaceutical industry,” according to the report.
Author: Erik De La Garza
Published at: 2025-05-07 21:49:15
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