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Medicare

Trump’s executive order pressures drugmakers to cut prices of prescription drug in 30 days — but health law expert is skeptical

Trump’s executive order pressures drugmakers to cut prices of prescription drug in 30 days — but health law expert is skeptical

President Donald Trump has issued a new executive order giving pharmaceutical companies a 30-day window to voluntarily lower prescription drug prices—or face federal intervention that could tie U.S. prices to those in other nations. Signed Monday, the directive charges Health Secretary Robert F. Kennedy Jr. with negotiating reduced rates within the month. If talks stall,…

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