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Trump gives drugmakers 30-day ultimatum: 'We're going to pay what Europe pays'


Published on 2025-05-12 15:06:32 - Fortune
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  • "We're all going to pay the same. We're going to pay what Europe pays," President Trump said.

In an article from Fortune, it is reported that the Trump administration missed a self-imposed deadline to unveil a plan aimed at reducing prescription drug costs, which was initially set for the end of 2017. The delay has raised concerns among industry experts and patient advocacy groups, as high drug prices continue to burden American consumers. The administration had promised to address this issue by allowing Medicare and Medicaid to negotiate drug prices directly with pharmaceutical companies, a move that could potentially save billions of dollars. However, the lack of a concrete proposal has left many wondering when, or if, meaningful action will be taken to alleviate the financial strain caused by expensive medications.

Read the Full Fortune Article at:
[ https://fortune.com/article/trump-prescription-drug-costs-deadline-medicare-medicaid/ ]