Trump signs executive order to lower drug prices in fight against Big Pharma

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Trump signs executive order to lower drug prices in fight against Big Pharm

President Trump signed an executive order Sunday to lower the cost of prescription drugs, he revealed on Twitter.

“Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries,” the president tweeted. “The days of global freeriding at America’s expense are over...”

“...and prices are coming down FAST! Also just ended all rebates to middlemen, further reducing prices,” he added in a follow-up tweet.

The Trump administration has regularly placed drug costs at the heart of its health policy, with the president already signing a series of four orders in July to lower drug prices.