Trump guarantees rapid sweeping cuts to drug costs in his ‘most important and impactful’ Truth Social put up | EUROtoday

The president will signal an government order subsequent week he guarantees will cut back prescription drug costs by as much as 80 p.c “almost immediately,” Donald Trump introduced on Sunday on Truth Social.

Earlier within the day, Trump heralded the announcement as “one of the most important and impactful” of his profession.

The president stated the order, to be signed Monday morning, will institute a “most favored nation’s” coverage, the place the U.S. will purchase medicine at a value matching the bottom price paid by a rustic for every drugs.

“Our Country will finally be treated fairly, and our citizens’ Healthcare Costs will be reduced by numbers never even thought of before,” Trump stated in his announcement, claiming, “We are going to do the right thing, something that the Democrats have fought for many years.”

The announcement didn’t element how Trump plans to implement his plans or obtain such speedy financial savings.

The White House plans to pursue reductions on a choice of medicine bought via the Medicare federal medical health insurance program, Politico reported earlier this week, after makes an attempt to foyer congressional Republicans to incorporate comparable provisions in a spending invoice reportedly fell flat.

This is a breaking information story and shall be up to date with new info.