Trump Announces Historic Plan to Cut Drug Prices to Global Lowest Levels

President Donald Trump has announced a groundbreaking initiative aimed at drastically reducing prescription drug prices in the United States. As part of his America-First strategy, he declared that medication costs could plummet by up to 1,200%, bringing prices below those in other developed nations. Trump has urged major pharmaceutical companies to lower their prices to match the lowest rates available globally, emphasizing that failure to comply by September 29, 2025, will result in aggressive government action. This policy, dubbed the "Most Favored Nations" approach, seeks to ensure American consumers pay the same reduced prices as citizens in other wealthy countries. The move marks a decisive stance against Big Pharma’s pricing practices and aims to alleviate financial burdens on American families.