Trump is facing a 17-character “exorbitant” drug pricing
The “Big Money Show” panel discusses President Donald Trump’s drug tariff strategy.
president Donald Trump On Thursday, he wrote to 17 pharmaceutical companies regarding the reduction in drug prices.
White House Press Secretary Caroline Lewitt said at her press conference that Trump sent the following letter. Presidential Order Early this year.
HHS SEC ROBERT F Kennedy JR: American patients can pay more, others can pay less – it stops now
President Donald Trump will speak to the media when he meets British Prime Minister Kiel Starmer at the Trump Turnberry Golf Club in Scotland on July 28, 2025. (Getty Images/Getty Images)
“The president signed an executive order earlier this year to resolve the issue. Exorbitant drug pricing Levitt said. “Recent data shows that the price Americans are paying for brand-name drugs is more than three times the other prices paid by similar developing countries. The president has decided to resolve this issue and has taken more action today.
Leavitt then read aloud the letter sent to Eli Lilly’s CEO, saying that following the briefing all letters will be available to the media.
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Trump has also begun posting copies of each letter on his social media platform, Truth Social.
This is a developing story. Please check for updates.