President Trump on Monday called on drugmakers to lower their prices within the next month to be closer to those charged in other high-income countries, threatening to subject them to steep caps on how much they can earn from Medicare if they fail to do so.

Kennedy Jr. During which, he shared a viral anecdote about his friend getting drugs cheaper abroad, illustrating how high drug prices are in the U.S.: nearly three times higher than 33 comparison countries,

The executive order Trump is promising will direct the Department of Health and Human Services to tie what Medicare pays for medications administered in a doctor’s office to the lowest price paid by o

President Donald Trump on Monday signed a sweeping executive order setting a 30-day deadline for drugmakers to electively lower the cost of prescription drugs in the U.S. or face new limits down the road over what the government will pay.

Trump promises immediate sweeping cuts to drug prices in his ‘most important and impactful’ Truth Social post - President to sign executive order putting plan in place on Monday morning

Trump early next week is expected to sign an executive order directing aides to pursue the initiative, called “most favored nation,” for a selection of drugs within the Medicare program.