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The Guardian - US
The Guardian - US
World
Joseph Gedeon and Léonie Chao-Fong in Washington

Trump signs order aiming to slash US drug prices to match those abroad

President Donald Trump takes questions as he signs an executive order on Monday.
President Donald Trump takes questions as he signs an executive order on Monday. Photograph: Chris Kleponis/EPA

The White House is unveiling an aggressive drug pricing strategy targeting pharmaceutical companies, promising to dramatically cut prescription drug costs for American consumers.

Donald Trump condemned the current pricing system as a “redistribution” that has allowed drugmakers to exploit US patients and signed an executive order that he says will lead to matching lower drug prices abroad.

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