Trump, Executive Order and drug pricing
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The president announced an executive order aimed at lowering U.S. drug costs, revisiting an idea that was blocked in court during his first term.
As in negotiations with foreign nations, minor concessions by drug companies are more likely than a true overhaul.
Full Video/Highlights: Trump Announces Prescription Drug Price Caps, Press Conference On Many Topics
President Trump will hold a press conference Monday morning with Health and Human Services Secretary Robert F. Kennedy Jr. to announce an executive order to cap prescription drug and pharmaceutical prices at the lowest cost offered in any other country.
The order is based on a "most favored nation" pricing model, which is similar to a policy Trump pushed in his first administration.
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