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President Trump has signed a new EO that attempts to bring US drug prices in line with those that other countries pay for the same drugs. The methods proposed for reducing drug prices, however, may not be allowed under current rules and regs. HHS and the FTC will be involved in trying to determine whether and how this could work. Drug companies oppose the order saying it will impede research and development of new drugs.
https://www.reuters.com/business/healthcare-pharmaceuticals/trump-says-he-will-cut-drug-prices-by-59-2025-05-12/
Meantime, tariffs against Chinese goods have dropped to 30 percent, from 145 percent, for the next 90 days. Hoping this is good news and keeps open supplies of meds like generic hydroxyurea that originates in China.

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Replies to "President Trump has signed a new EO that attempts to bring US drug prices in line..."

I just read an article somewhere, The Atlantic? The author was writing about the capsule he takes daily for his cancer. He determined the cost to produce was 25 cents. The cost to consumers, $1000! He likened it to the price, daily, of a new iPhone.
There’s more wrong here than tariffs and the blame is enough to spread around. I did write to my reps and, of course, Im glad there’s been a reversal of some tariffs but this goes so much deeper.