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Al Jazeera
Al Jazeera
Politics

Trump signs executive order to bring down prescription drug prices

Donald Trump United States Executive Order Bernie Sanders Mark Schiefelbein White House
President Donald Trump signs an executive order on May 12, 2025, that he says will cause drug prices in the US to plunge [Mark Schiefelbein/AP Photo]

United States President Donald Trump has signed an executive order that he says will bring down the price of prescription drugs in the US by as much as 90 percent.

In an announcement on Monday, Trump said drug companies who have been “profiteering” will have to bring prices down but laid the blame for high prices primarily on foreign countries.

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