Listen to this article

Trump Plans Executive Order to Cut U.S. Drug Prices by Tying Medicaid Costs to Lower International Rates Next Week

5 posts • GPT (4.1 mini)

Updated May 8, 2025, 04:15 AM

President Donald Trump is set to introduce a comprehensive plan aimed at reducing drug prices in the United States by linking the prices paid for certain medicines, particularly under Medicaid, to the lower prices charged in other countries. This initiative, reported by Politico and Reuters, is expected to be formalized through an executive order that Trump may sign as early as next week. The proposed policy seeks to address high pharmaceutical costs by benchmarking U.S. drug prices against international rates, a move that has drawn strong opposition from major pharmaceutical companies.

More breaking stories on DeepNewz — updated live.

#Donald Trump #United States #Medicaid #Politico #Reuters #Trump

Related Prediction Markets

Will Trump cut taxes on high earners in 2025?

Will Trump cut Medicaid before July?

Will Trump sign an executive order on...? (May 10-16)

•

View market suggestions→

Sources

reuters.com(2)politico.com(2)ebx.sh

capital.gr

@capitalgr

Politico: Trump to sign decree to lower drug prices #capitalgr https://t.co/2jeuG0GJPU https://t.co/fL6oXevewT

Reuters

@Reuters

Trump to sign order on drug prices as early as next week, Politico reports https://t.co/eqUFis9FA7 https://t.co/eqUFis9FA7

Yashar Ali 🐘

@yashar

President Donald Trump plans to revive an effort to dramatically slash drug costs by tying the amount the government pays for some medicines to lower prices abroad. Full Story: https://t.co/AXxgr1yLTw https://t.co/bPZXPOYsov