Trump Says He Will Get Drug Prices Down By 1500%

The post Trump Says He Will Get Drug Prices Down By 1500% appeared on BitcoinEthereumNews.com. U.S. President Donald Trump said, “We’re gonna get the drug prices down. Not 30 or 40 percent, which would be great, not 50 or 60, no. We’re gonna get ’em down 1,000 percent, 600 percent, 500 percent, 1,500 percent.”(Photo by CHRISTOPHER FURLONG/POOL/AFP via Getty Images) POOL/AFP via Getty Images U.S. President Donald Trump is now promising to get pharmaceutical companies to significantly reduce the drug prices that they are charging Americans. On Thursday, the White House announced that Trump had just sent letters to the heads of 17 major pharmaceutical companies pushing them to cut the prices that Americans have to pay down to the levels that people in other countries pay. It’s not clear yet by what amount—if any—this will eventually get pharmaceutical companies to reduce prescription medication prices for those in the U.S. But chances are any price reductions that end up occurring won’t be anywhere near the 1500% that Trump has promised. Trump Spoke Of 600%, 1000% And 1500% Reductions in Drug Prices Yep, 1500% is the percentage that Trump mentioned in a July reception with members of Congress. “This is something that nobody else can do,” Trump emphasized then. “We’re gonna get the drug prices down. Not 30 or 40 percent, which would be great, not 50 or 60, no. We’re gonna get ’em down 1,000 percent, 600 percent, 500 percent, 1,500 percent.” Here’s a video of this posted on what used to be Twitter: Getting the prices of medications—or of anything that’s sold by companies for that matter—down by more than 100% is certainly something that no one else has done. It’s probably something you have never even dreamed of before, since for-profit companies are usually trying to make, you know, a profit. So, it’s kind of true what Trump then subsequently said, “We will…

Aug 3, 2025 - 08:00
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Trump Says He Will Get Drug Prices Down By 1500%

The post Trump Says He Will Get Drug Prices Down By 1500% appeared on BitcoinEthereumNews.com.

U.S. President Donald Trump said, “We’re gonna get the drug prices down. Not 30 or 40 percent, which would be great, not 50 or 60, no. We’re gonna get ’em down 1,000 percent, 600 percent, 500 percent, 1,500 percent.”(Photo by CHRISTOPHER FURLONG/POOL/AFP via Getty Images) POOL/AFP via Getty Images U.S. President Donald Trump is now promising to get pharmaceutical companies to significantly reduce the drug prices that they are charging Americans. On Thursday, the White House announced that Trump had just sent letters to the heads of 17 major pharmaceutical companies pushing them to cut the prices that Americans have to pay down to the levels that people in other countries pay. It’s not clear yet by what amount—if any—this will eventually get pharmaceutical companies to reduce prescription medication prices for those in the U.S. But chances are any price reductions that end up occurring won’t be anywhere near the 1500% that Trump has promised. Trump Spoke Of 600%, 1000% And 1500% Reductions in Drug Prices Yep, 1500% is the percentage that Trump mentioned in a July reception with members of Congress. “This is something that nobody else can do,” Trump emphasized then. “We’re gonna get the drug prices down. Not 30 or 40 percent, which would be great, not 50 or 60, no. We’re gonna get ’em down 1,000 percent, 600 percent, 500 percent, 1,500 percent.” Here’s a video of this posted on what used to be Twitter: Getting the prices of medications—or of anything that’s sold by companies for that matter—down by more than 100% is certainly something that no one else has done. It’s probably something you have never even dreamed of before, since for-profit companies are usually trying to make, you know, a profit. So, it’s kind of true what Trump then subsequently said, “We will…

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