President Donald Trump has signed an executive order aimed at cutting the prices Americans pay for prescription drugs by matching them to the lowest rates found in other countries, according to Reuters . The order, which Trump announced on social media, is expected to lower drug costs by as much as 59%.
This policy is based on the "most favored nation" principle, meaning the U.S. would pay no more for medications than the country with the lowest price. The United States currently pays some of the highest drug prices in the world, often nearly three times more than other developed nations. In his first term, Trump tried to implement similar changes but was blocked by legal challenges. The new order is expected to focus on the Medicare program, which covers seniors and people with disa