Summary
President Donald Trump announced an initiative to reduce drug prices significantly by negotiating with drug companies and foreign countries. He introduced a new website, TrumpRX.gov, where these reduced prices will be available starting January 2026.
Key Facts
- President Trump aims to lower drug prices by 400 to 600%.
- He negotiated with drug companies and foreign nations to achieve these reductions.
- Trump stated that no previous politicians have taken on special interests in this way.
- The price reductions will be available through a website, TrumpRX.gov.
- The TrumpRX.gov website is set to launch in January 2026.
- The announcement was made during a prime-time address from the White House.