President Donald Trump will announce Tuesday that his administration has reached an agreement with Pfizer to voluntarily sell its drugs at lower prices, according to a White House official.

The official, however, did not specify which drugs would be affected or by how much. Nor was it clear whether the lower prices would be available only for people on government insurance such as Medicaid or those with private insurance.

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Pfizer, among the largest drugmakers in the U.S., makes a range of drugs, including the blood thinner Eliquis, the cancer drugIbrance, and the Covid vaccine.

The deal is part of Trump’s broader effort to implement a “most favored nation” pricing model for prescription drugs, meaning that the U.

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