President Trump recently signed an executive order intended to lower prescription drug prices in the US by up to 90%. During his announcement, Trump attributed high drug prices to foreign countries profiting at the expense of American citizens, suggesting US prices are inflated due to a trade imbalance. He claims US pharmaceutical companies should not be solely blamed for the disparities. Critics, including Senator Bernie Sanders, counter that this perspective incorrectly shifts the blame away from US companies, where significant political influence contributes to exorbitant drug prices.
We're going to equalise. We're all going to pay the same. We're going to pay what Europe pays.
The high cost of medical drugs has been a source of popular discontent in the US for years.
Trump accused the pharmaceutical industry of getting away with murder in 2017.
Senator Bernie Sanders said Trump's order wrongly blames foreign countries rather than US companies for those prices.
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