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On May 12, 2025, President Donald Trump signs a sweeping executive order aimed at dramatically reducing prescription drug prices in the United States. The order introduces a “most favored nation” pricing rule, which mandates that Americans pay no more for prescription medications than the lowest price paid by other developed nations. Trump declares the move one of the most consequential in U.S. history, emphasizing that the U.S. will no longer subsidize the healthcare systems of other countries by paying inflated drug prices.
Under the executive order, pharmaceutical companies. . .
