⁍ President Donald Trump said on Sunday he had signed a new executive order aimed at lowering drug prices in the United States.


⁍ The White House on Sunday provided a text of the executive order, which does not appear to be a newly signed document.


⁍ The Republican president in July signed an executive order that would require Medicare, the government healthcare program for seniors, to tie the prices it pays for drugs to those paid by other countries.


– “My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries,” President Trump tweeted on Sunday. “The days of global freeriding at America’s expense are over.” The White House provided a text of the executive order, signed on July 24, to Reuters, though it does not appear to be a newly signed document. Trump previously signed an executive order to tie the prices Medicare pays for drugs to those paid by other countries, but it was delayed as the administration sought to work out a solution with the industry. Three other executive orders designed to reduce drug costs for consumers were signed in July, but experts said they were unlikely to take effect in the near term.



Source: https://www.reuters.com/article/us-usa-trump-pharmaceuticals/trump-says-he-has-signed-new-executive-order-to-lower-drug-prices-idUSKBN2640V0