Trump to sign executive order he says will slash drug prices by up to 80%

President Donald Trump announced helium plans to motion an enforcement bid connected Monday that volition trim the outgo of medicine drugs and pharmaceuticals "almost immediately, by 30% to 80%."

Trump made the announcement connected Truth Social Sunday.

"For galore years the World has wondered wherefore Prescription Drugs and Pharmaceuticals successful the United States States of America were SO MUCH HIGHER IN PRICE THAN THEY WERE IN ANY OTHER NATION, SOMETIMES BEING FIVE TO TEN TIMES MORE EXPENSIVE THAN THE SAME DRUG, MANUFACTURED IN THE EXACT SAME LABORATORY OR PLANT, BY THE SAME COMPANY???" Trump wrote. "It was ever hard to explicate and precise embarrassing because, successful fact, determination was nary close oregon rightful answer. 

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President Trump announced plans to motion an enforcement bid this week that helium says volition driblet the costs of medicine drugs by betwixt 30-80% astir immediately. (Getty Images)

"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. Campaign Contributions tin bash wonders, but not with me, and not with the Republican Party," the president continued.

"We are going to bash the close thing, thing that the Democrats person fought for galore years," Trump added. "Therefore, I americium pleased to denote that Tomorrow morning, successful the White House, astatine 9:00 A.M., I volition beryllium signing 1 of the astir consequential Executive Orders successful our Country’s history. Prescription Drug and Pharmaceutical prices volition beryllium REDUCED, astir immediately, by 30% to 80%. 

Trump noted that the outgo of drugs volition emergence passim the World, but for the archetypal clip successful galore years, helium added, it volition "bring FAIRNESS TO AMERICA!"

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"I volition beryllium instituting a MOST FAVORED NATION’S POLICY whereby the United States volition wage the aforesaid terms arsenic the Nation that pays the lowest terms anyplace successful the World," Trump said. "Our Country volition yet beryllium treated fairly, and our citizens Healthcare Costs volition beryllium reduced by numbers ne'er adjacent thought of before. Additionally, connected apical of everything else, the United States volition prevention TRILLIONS OF DOLLARS."