Foreign News

Trump signs an Executive order to lower drug prices

US President Donald Trump will sign Executive orders on Friday, July 24, aimed at reducing drug prices. This is reported on July 23 by the Hill.

The publication received an invitation to an event at the White house, where the American leader is expected to announce it. It is noted that the details of the orders are not yet known and the plans of the authorities may change.

The sudden adoption of the document may be due to the upcoming presidential elections, the newspaper writes, and pressure on the head of state on the issue of health care, especially after his support for the repeal of the affordable care act.

Also Read: China demands that the US close the Consulate General in Chengdu

On May 12, trump announced the launch of a campaign aimed at reducing the price of medicines in the country. He assured that the authorities will no longer award bonuses to companies that constantly overestimate their value.

It is expected that this decision will put an end to unfair double transactions, so that intermediaries would benefit from the benefits and discounts provided for consumers and patients.

Globalgistng Nigeria

Global Gist Nigeria

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