How much drug prices change from Trump's executive order remains unclear, though the president said in a social media post May 12 that they'd be cut by "59%, PLUS!" Later at the White House, Trump ...

President Trump wants to lower drug prices in the U.S. by tying them to the prices paid in other developed countries. The pharmaceutical industry has long opposed the approach.

Price hikes: Drugmakers to raise US prices on over 250 medicines starting Jan. 1 Trump has teased the drug pricing announcement for days, hinting at a "very big announcement" before he departs May ...