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President Donald Trump, 80 percent of European countries for US consumers forced European countries to pay higher medicinal prices to reduce prices for US consumers.
Talking in the White House on Monday, Trump said he would punish the countries that refused to “equalize” Drug prices in the United States or “conspiracy” to reduce the charges of drugs.
Last month, after Trump’s Freedom Day tariffs, the US trade sanctions with US trading partners open a new confrontation with US trade partners.
“We will say these countries as represented by the European Union that the game is up,” Trump said. “And if they want to be sweet, then they don’t have to sell cars to the United States.”
On Monday, Trump said the White House will “contact the prices for pharmaceutical manufacturers”, cutting “middlemeni” by allowing patients to buy directly from drugmakers.
This is a glass of two shares of CIGNA and CVs, the largest pharmacy benefit managers, which are the proposed policy, manufacturers and health insurance companies.
CIGNA and CVS shares decreased by 6.5 percent in the afternoon, despite the extensive exchange rally. “If the US government is starting to negotiate drug prices, Cigna is facing the most negative risk, Morningstar told Monday afternoon.
President US want to reduce drug prices to the lowest price in which the world is available. US patients have historically highly salary Drug prices more than peers in other industrialized countries.
The Trump Directive can damage US pharmaceutical companies, which are lobbies for years to protect the American price system. During the first period, Trump offered price control for drugs, but it was lost in court. Democrats tried to restart drugs. Trump’s latest proposal faces a similar fight, analysts on Monday.
Trump said the price premium for drugs in the United States did not pay an inappropriate share of Americans pharmaceutical Company research and development costs.
According to him, the US Trade Representative and Trade Department “blocked drugs,” the drug companies will block drug companies … very low dollar amounts“.
“This American patients effectively subsidize socialist health systems in Germany, and all parts of the EU were strongest. They were unclean.” “Basically we equate what we do.”
Unlike Europe, the US government cannot negotiate with insurance programs supported by the US government and drug companies. Former President Joe Biden’s Inflation Reduction Act, for the first time for some medications, the social insurance program for the elderly to do this Medicare allowed Medicare.
The United States is investigating the Ministry of Health, 3.2 times more than in 2022, the country’s health and human services department.
Trump’s announcement began to fight the drug industry. Biotechnology Innovation Organization, a US lobby group, said the president’s plan is compatible with the “imported medicine of medical medicine.”
“Patients and families are not a bargain chip in a commercial war, but it is what they are treated,” he said on Monday.
