Trump, drug price and executive order
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Senator Bernie Sanders issued a warning about President Donald Trump's latest executive order aimed at lowering drug prices. Newsweek reached out to the White House for comment via email. Why It Matters Americans often pay more for prescription drugs than consumers in other countries,
The order Trump is promising will direct the Department of Health and Human Services to tie what Medicare pays for medications administrated in a doctor’s office to the lowest price paid by other countries.
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 U.S. and China agreed to lower tariffs for 90 days. The details: U.S. tariffs on Chinese goods will fall to 30 percent from 145 percent. Meanwhile, China’s blanket tariffs on U.S. products will drop to 10 percent from 125 percent. A few tariffs will remain. President Donald Trump signed an order to lower prescription drug prices.
PhRMA, which gave $1 million to Trump's inaugural fund, warned against parts of Trump's drug pricing executive order.