Skip to content

FACT FOCUS: Trump blames other countries for high US drug prices. Experts say it’s not their fault

Drug companies in the U.S. are able to price medications higher in the U.S. because the country’s drug market operates as a fragmented system where companies negotiate with individual insurers or pharmacy benefit managers.

President Donald Trump, with Dr. Mehmet Oz, Administrator of the Centers for Medicare & Medicaid Services, left, and Health and Human Services Secretary Robert F. Kennedy Jr., right, holds an executive order related to drug prices, in the Roosevelt Room of the White House in Washington, Monday, May 12, 2025, in Washington. (AP Photo/Mark Schiefelbein)
President Donald Trump, with Dr. Mehmet Oz, Administrator of the Centers for Medicare & Medicaid Services, left, and Health and Human Services Secretary Robert F. Kennedy Jr., right, holds an executive order related to drug prices, in the Roosevelt Room of the White House in Washington, Monday, May 12, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Author
UPDATED:

Foreign nations are incorrectly blamed for high prescription drug prices in the U.S.

Subscribe to continue reading this article.

Already subscribed? To log in, click here.

Originally Published:

RevContent Feed

Page was generated in 2.5271370410919