Trump Demands America First on Drug Pricing

The White House

Last week, President Donald J. Trump sent letters to 17 of the leading pharmaceutical companies outlining steps they must take to lower prescription drug prices for Americans - including matching the lowest price offered in other developed nations.

There is no reason American consumers should pay exorbitantly more than other countries for the same drug in the same packaging and manufactured in the same factory. That's why President Trump warned the companies that if they "refuse to step up, we will deploy every tool in our arsenal to protect American families from continued abusive drug pricing practices."

Meanwhile, there's evidence it's working:

  • CNBC: "President Donald Trump has been pressuring pharmaceutical companies to lower U.S. drug costs, and it may be starting to work - at least on AstraZeneca. AstraZeneca has proposed price cuts to certain drugs in the U.S., its CEO [Sir] Pascal Soriot told reporters."
  • Reuters: "British drugmaker GSK said on Wednesday it is in talks with the Trump administration about ways to lower U.S. drug costs, becoming the latest pharmaceutical company to acknowledge action under pressure from Washington to rein in prices."

Here's how President Trump's letter was covered:

  • CNBC: Trump gives drugmakers 60 days to slash prescription drug prices
  • The National News Desk: Trump demands lower prescription drug prices in letters to pharmaceutical companies
  • Reuters: Trump pressures 17 pharma CEOs to cut US drug prices
  • The Hill: Trump demands pharma companies slash drug prices in next 60 days
  • Fox Business: Trump sends letters to 17 pharmaceutical companies on reducing drug prices
  • The New York Times: Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September
  • Axios: Trump gives major drugmakers 60 days to cut U.S. prices
  • Newsweek: Trump Sets Deadline on Drug Price Demand in Letter to Companies
  • STAT News: Trump escalates demands that pharma companies lower their drug prices
  • Fox Business: Trump leveling the global medicine playing field
  • The Wall Street Journal: Trump Sends Letters to 17 Pharmaceutical Companies Asking Them to Lower Costs
  • The Washington Examiner: Trump threatens Big Pharma heads who don't lower drug prices with 'every tool in our arsenal'
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