Trump gives drugmakers 30-day ultimatum: ‘We’re going to pay what Europe pays’

Quick Summary:

"We're all going to pay the same.

We're going to pay what Europe pays," President Trump said.

Drugmakers have long argued that any threats to their profits could impact the research they do to develop new drugs.“Importing foreign prices from socialist countries would be a bad deal for American patients and workers," Stephen J.

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Article Details

Author / Journalist: Amanda Seitz, Seung Min Kim, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Donald Trump Drugs Medicaid Medicare Prescriptions Health

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 17:47:53 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1052 words

Reading Time: 6 minutes read

Sentences: 5 lines

Sentence Length: 211 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28625501

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 32 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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