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WATCH: Trump vows to ‘dramatically reduce’ drug prices, announces new TrumpRX website

WATCH: Trump vows to ‘dramatically reduce’ drug prices, announces new TrumpRX website

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.

Source Information