Sat, 18, May, 2024, 1:05 pm

Donald Trump acts to cut prescription drug prices in US

Donald Trump acts to cut prescription drug prices in US

Shawdesh Desk;

US President Donald Trump has signed four executive orders aimed at cutting prescription drug prices in the US.

“The four orders I’m signing today will completely restructure the prescription drug market,” said Mr Trump, who has long criticised “astronomical” prices.

The measures would allow discounts and import of cheaper drugs from abroad.

Mr Trump will meet pharmaceutical bosses on Tuesday, but some industry analysts have criticised the move, saying it would not have much effect, BBS reported.

President Trump’s administration has been criticised for its response for the worsening Covid-19 crises, as the number of confirmed virus-related deaths in America has now topped 145,000.

Since taking office, Mr Trump has made repeated attacks against those who set drug prices and has pledged to take radical steps to reduce them.

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