Donald Trump has threatened a crackdown on major pharmaceutical companies who fail to sell cheaper drugs to the US, and criticised nations “freeloading on US innovation”.
Trump wrote to 17 pharmaceutical companies, demanding they treat the US as the “most favoured nation” and lower prices of drugs for the US Medicaid scheme, and threatened to use “every tool in our arsenal” to crack down on pharmaceutical giants if they fail to cut drug prices for Americans within 60 days.