President Trump is taking significant steps to lower drug prices for Americans, who often pay much more for medications than people in other countries.
• Trump has sent letters to 17 pharmaceutical companies, including Eli Lilly, demanding they lower drug prices or face consequences.
• The letters are part of his “Most Favored Nation” Executive Order aimed at equalizing drug prices between the U. S. and other countries.
• His demands include providing Medicaid patients with drugs at the lowest prices available in other developed countries and ensuring new drugs are sold at these rates as well.
• He also wants companies to bring back profits made overseas to help reduce prices for American consumers.
• Trump has warned that his administration will use all necessary measures to enforce these demands if the companies do not comply within 60 days.
This initiative reflects Trump's commitment to make prescription drugs more affordable for Americans through direct action against pharmaceutical companies.
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