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Donald Trump Announces Executive Order to Slash Prescription Drug Prices
Donald Trump announced via Truth Social that he will sign an executive order instituting a "most favored nations" policy for prescription drugs. The order aims to reduce pharmaceutical prices in the U.S. by 30% to 80% by ensuring Americans pay the lowest price available anywhere in the world. Trump stated that this move will end the practice of American "suckers" subsidizing global research and development costs.