Archive · 29 Nov 2025
Trump Claims Historic Drug Price Drops Without Evidence
President Trump said that drug prices in the US have dropped a lot, like 500%, 600%, or even 700%.
He said this happened because of a policy called 'favored nations status.'
But he didn't show any proof.
He also said this is a big deal for healthcare and might help Republicans in the midterm elections.
A few days ago, Medicare said they negotiated lower prices for some expensive drugs, which could save about $8.5 billion.
This negotiation was allowed by a law passed when President Biden was in office.
President Trump claimed drug prices in the US have dropped by 500%, 600%, or 700% due to favored nations status.
Trump did not provide any data or evidence to support his claims.
Medicare announced negotiated prices for 15 costly drugs, saving 36% or $8.5 billion.
The negotiations were established under President Biden's Inflation Reduction Act of 2022.
Trump attributed the price drops to his administration's policies and predicted electoral gains.
- Who
- US President Donald Trump
- What
- Claimed historic drug price drops without providing evidence
- When
- Saturday (specific date not mentioned)
- Where
- United States
- Why
- To highlight his administration's policies on drug pricing
- Claimed Price Drops
- 500%, 600%, 700%
- Policy Cited
- Favored Nations Status
- Negotiated Drugs
- 15 costliest drugs
- Savings Percentage
- 36%