WASHINGTON (OSV News) — President Donald Trump signed an executive order May 12 that he said would lower prescription drug costs — an issue the U.S. bishops have flagged in recent years — but the exact potential impact of the order was the subject of debate.

Trump signed an executive order to implement what is known as the “most favored nation” policy, which he said would tie the prices of some drugs in the U.S. to lower prices abroad, such as in Europe.

“Basically, what we’re doing is equalizing,” Trump said at an event in the Roosevelt Room of the White House. “We are going to pay the lowest price there is in the world. We will get whoever is paying the lowest price, that’s the price that we’re going to get.”

The order sets a 30-day deadline for drug companies to voluntarily lower the

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