The Pfizer name is displayed at the company's headquarters in New York on February 5, 2021. Mark Lennihan/AP/File

President Donald Trump is expected to announce a deal with Pfizer on Tuesday as part of his “ Most Favored Nation ” initiative to lower the cost of drugs in the United States, a White House official and a source familiar with the matter told CNN. Details of what the deal would include were not immediately clear.

The effort comes as Trump has been haranguing drugmakers for months to lower their prices for US patients. He has revived his “Most Favored Nation” policy from his first term that seeks to have drug manufacturers reduce their prices domestically to the lowest ones they charge in peer countries.

“President Trump is doing more to lower health care costs than anyone

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