During an address from the White House Monday morning, the president stumbled over the terms of his latest executive order, which set a 30-day deadline for drugmakers to negotiate lower prices in the U.S.
Trump insisted that the prices would be slashed by a far more significant rate than the cut he pushed in his first term. “Well, we’re getting them down 60, 70, 80, 90 percent—but actually more than that if you think about it in a way, mathematically,” he added.
— Acyn (@Acyn) May 12, 2025
Trump got one thing right: it’s entirely unclear how much prices will be reduced. If pharmaceutical companies fail to strike a deal to lower prices, then the U.S. will tie its drug prices to those paid by other countries. But as of now, nothing has changed.
This is far from the first time the president has struggled trying to explain a policy idea. Last week, the president rambled incoherently when asked to explain why he wanted to reopen Alcatraz.
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