Most favored nations' policy

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Pharma Stocks Hit by Trump's Vow to Cut US Prescription Drug Costs
ZACKS· 2025-05-12 22:41
President Trump has released a social media post before markets open on Monday, stating that the government will sign an executive order today that will result in a 30% to 80% decrease in prescription drug prices in the United States.The President claims he is taking this step as he feels that the cost of prescription drugs in the United States is higher than in any other country, sometimes even five to ten times higher.The price cuts, some of which he mentioned could be effective immediately, would see tha ...