WASHINGTON — President Donald Trump said he will set a 30-day deadline for drugmakers to lower the cost of prescription drugs in a sweeping executive order that he will sign on Monday.

The new pricing policy seeks to reduce the cost the government pays for medications to those comparable to what other countries pay.

President Donald Trump on Monday revived a plan to tie prescription drug prices in the U.S. to what other nations pay for medicines. The executive order, which was first reported by POLITICO, still leaves many questions about how the administration will implement a so-called “most-favored nation” policy.