Trump to Address Drug Pricing Friday Evening
WASHINGTON D.C. – President Trump will deliver remarks from the Oval Office friday evening concerning efforts to lower prescription drug costs, continuing a recent push by his management to address the issue.The announcement is scheduled to begin at 5 p.m. EDT adn will be live-streamed.
The President’s focus on drug pricing comes amid a series of recent actions, including the planned launch of TrumpRx.com, an online platform designed to help Americans find lower-priced medications.This initiative follows a May executive order directing pharmaceutical companies to reduce drug costs to align with prices in other countries. The issue impacts millions of Americans who struggle with the high cost of prescription drugs, and the administration’s efforts aim to increase affordability and competition within the pharmaceutical industry.
Earlier this month, Trump announced a deal with Pfizer to lower its drug prices. Additionally, the administration recently paused a proposed 100 percent tariff on drugmakers that had not established manufacturing facilities within the United States. these actions represent a multifaceted approach to tackling drug costs, combining negotiation, potential trade measures, and direct-to-consumer resources.
