Roughly 20 minutes into Donald Trump’s Iowa speech on Jan. 27, he revived one of his favorite policy claims. According to the president, he alone cracked the code on lowering drug prices through “Most Favored Nation” pricing. But right after, Trump gave a live demonstration of how he treats numbers as improv props.
Trump claimed his administration had forced pharmaceutical companies and foreign governments to agree to match the lowest drug prices in the world. He described a hypothetical pill that costs $10 in London and $130 in Des Moines, insisting his policy would drop the U.S. price to $20. He called it “the biggest price reduction of prescription drugs in history” and said he was “very proud of it.”
