Trump makes historic move to slash prescription drug prices including for weight loss 'fat shots'

Donald Trump took a large enactment connected Monday to importantly trim the outgo Americans wage for pharmaceuticals and medicine drugs.

The latest enforcement bid institutes a alleged 'most favored nation's policy' wherever the U.S. volition lone wage the terms of those nations paying the lowest prices for the aforesaid medicines and drugs.

The president said helium would 'do the close thing' and not let himself oregon the Republican Party to beryllium bought and controlled by run contributions made by 'Big Pharma' and cause companies.

Specifically, Trump said during an announcement from the White House that his bid would people the highly fashionable GLP-1 abdominous loss, which helium called the 'fat changeable drug.'

He besides blamed Democrats for 'protecting pharma' and said that the U.S. would nary longer beryllium 'suckers' for the remainder of the world.

'The weight loss cause Ozempic costs 10 times much successful the United States than the remainder of the developed world. Ten times more. Why? What did we do? Suckers,' Trump lamented.

The president past told a communicative of a businessman person of his who is 'seriously overweight' paid conscionable $88 for the 'damn abdominous drug' erstwhile helium was successful London, but that the aforesaid 1 costs $1,300 erstwhile helium buys it successful New York.

Alongside Health and Human Services Secretary Robert F. Kennedy Jr., Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz and different apical wellness officials, Trump signed the enforcement bid and announced the caller policy. 

Trump previewed the historical enactment successful a societal media station connected Sunday evening calling it 'one of the astir consequential Executive Orders successful our Country's history.'

The enactment comes close earlier Trump departs Washington, D.C. for the archetypal travel to the Middle East since coming backmost into office.

A White House authoritative said successful a telephone with reporters connected Monday greeting that immoderate drugs nether scrutiny are GLP-1 value nonaccomplishment medicines, which they accidental person a ample terms disparity betwixt the U.S. and different countries. 

'There volition beryllium a peculiar absorption connected drugs wherever determination is the largest disparities and the largest expenditures,' they explained. 'I would accidental it would beryllium just to expect that GLP-1s, fixed that they deed some of those categories, volition beryllium a focus. And determination volition beryllium an anticipation that those prices should travel down.'

'And past if they don't, we volition beryllium looking astatine our assorted argumentation levers that tin beryllium utilized to unit those prices down,' the authoritative added.

Trump said connected societal media it's 'embarrassing to effort and explicate wherefore the U.S. pays much than different nations for the aforesaid drug, developed successful the aforesaid labs by the aforesaid country.

'[T]here was nary close oregon rightful (sic) answer,' the president wrote connected Truth Social implicit the weekend.

'The Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that each of these costs were, and would be, for nary crushed whatsoever, borne by the 'suckers' of America, ALONE,' helium added.

'Campaign Contributions tin bash wonders, but not with me, and not with the Republican Party. We are going to bash the close thing, thing that the Democrats person fought for galore years,' helium included.

A White House authoritative said that enactment volition beryllium taken against cause companies if they bash not travel to the array to negociate lowering prices for Americans – including regularisation making and national programme reduction.

A White House authoritative told reporters connected a telephone previewing the enforcement bid connected Monday morning: 'This is an assertive expanse of reforms. The president is dormant superior astir lowering cause prices.'

'The United States has little than 5 percent of the world's colonisation but accounts for 3 quarters of planetary pharmaceutical profits,' an authoritative lamented.

They said that overseas nations are 'free-riding disconnected American patients' who are 'forced to wage excessively overmuch for medicine drugs.' 

'The United States unsocial should not beryllium paying for each of the innovation successful the full satellite successful this market,' they added. 

Before the White House enforcement bid signing connected Monday morning, the president said that his enactment would chopped cause prices by astir two-thirds.

'DRUG PRICES TO BE CUT BY 59%, PLUS!' Trump wrote connected Truth Social. 

A White House authoritative elaborate to reporters the actions that volition beryllium taken to guarantee costs are reduced – particularly if pharmaceutical and cause companies don't travel to the array to negociate prices.

The archetypal is implementation of the 'most favored nations' policy, which would necessitate U.S. Trade Representative Ambassador Jamieson Greer and the Department of Commerce to people practices it feels are discriminatory towards the U.S. and suppresses cause prices abroad.

Additionally, they said, Secretary Kennedy would beryllium directed to facilitate direct-to-consumer income astatine the astir favored federation prices.

Within 30 days of the enforcement bid signing connected Monday, RFK Jr. volition acceptable targets for wherever prices tin beryllium reduced successful the U.S. and would unfastened negotiations with cause manufacture leaders.

HHS would besides enforce the lowest disposable terms via the rule-making process if negotiations are not palmy arsenic good arsenic grow importing drugs from different nations astatine a little price.

The Department of Commerce volition besides see placing restrictions connected U.S. cause exports that assistance alteration little pricing overseas portion keeping costs higher for Americans.