How Donald Trump plans to beat Big Pharma and cut drug costs by 80%: ‘Going to pay the lowest price’
How did your country report this? Share your view in the comments.
Introduction:
The news topic “How Donald Trump plans to beat Big Pharma and cut drug costs by 80%: ‘Going to pay the lowest price’” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.
Quick Summary:
- President Donald Trump has signed a sweeping executive order aimed at slashing prescription drug prices in the United States. The order introduces a “most-favoured-nation” (MFN) pricing model, ensuring that Americans pay no more for medications than the lowest price available in comparable developed countries. The administration plans to facilitate the importation of safe, lower-cost prescription drugs from countries like Canada, aiming to increase competition and drive down prices. Trump said the move was necessary to end the long-standing practice of American consumers subsidising both foreign healthcare systems and drug companies’ profit margins. “Starting today, the U.S. will no longer subsidise the healthcare of foreign countries… and we’ll no longer tolerate profiteering and price gouging from Big Pharma,” he said.
Country-by-Country Breakdown:
Original Coverage
President Donald Trump has signed a sweeping executive order aimed at slashing prescription drug prices in the United States. The order introduces a “most-favoured-nation” (MFN) pricing model, ensuring that Americans pay no more for medications than the lowest price available in comparable developed countries. The administration plans to facilitate the importation of safe, lower-cost prescription drugs from countries like Canada, aiming to increase competition and drive down prices. Trump said the move was necessary to end the long-standing practice of American consumers subsidising both foreign healthcare systems and drug companies’ profit margins. “Starting today, the U.S. will no longer subsidise the healthcare of foreign countries… and we’ll no longer tolerate profiteering and price gouging from Big Pharma,” he said. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
How did your country report this? Share your view in the comments.
Sources:
Source: https://timesofindia.indiatimes.com/world/us/how-donald-trump-plans-to-beat-big-pharma-and-cut-drug-costs-by-80-going-to-pay-the-lowest-price/articleshow/121123552.cms